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This auto component maker's stock jumped 8%; what is boosting the rally?

Business Standard LogoBusiness Standard4h ago

This auto component maker's stock jumped 8%; what is boosting the rally? - Business Standard

Quick Summary:

STL reported a healthy earnings before interest, tax, depreciation and amortisation (Ebitda) margin of 14.7 per cent for FY24, supported by strong earnings and comfortable debt metrics.

Additionally, STL’s strategic investments in innovation and product development have increased its share of business (SoB) with leading automotive OEMs across India.

Home / Markets / News / This auto component maker's stock jumped 8%; what is boosting the rally?


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 14:39:55 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23694097

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 282 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

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The story "This auto component maker's stock jumped 8%; what is boosting the rally?" was covered 4 hours ago by Business Standard, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 282 news stories per day.

It's most recent story was published 3 hours ago.

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  • URL: https://beamstart.com/news/this-auto-component-makers-stock-17320077609340

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