🌱 GODREJ AGROVET Q3: REVENUE GROWTH SHINES, STOCK EYES KEY HURDLE 🌱

reported a mixed Q3 (YoY) performance on a consolidated basis. Profit remained largely flat, slipping marginally by 0.1% to ₹109.73 crore compared to ₹109.85 crore last year, impacted by higher costs. However, revenue growth stayed healthy, rising 11% to ₹2,718.3 crore versus ₹2,449.6 crore, reflecting steady demand across segments. The implementation of the new labour code resulted in an additional impact of ₹30.44 crore, which weighed on the bottom line. Despite muted profit growth, the stock is trading nearly 2% higher, indicating positive market sentiment. From a technical perspective, the ₹580 level may act as a key near-term resistance. A decisive move above this zone could open room for further upside, while rejection may lead to consolidation. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.