Bikaji Foods surges 20%; stock up 31% from Tuesday's low

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Bikaji Foods surges 20%; stock up 31% from Tuesday's low - Business Standard

Quick Summary:

In the past eight trading days, between February 6 and February 18, the stock had corrected 29 per cent.

Earnings before interest, tax, depreciation and amortisation (Ebitda) was down by 26.0 per cent Y-o-Y and 48.0 per cent Q-o-Q with an Ebitda margin of 7.8 per cent, down from 14.8 per cent in Q2FY25 and 12.0 per cent in Q3FY24.

Bikaji Foods' product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies.