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Greenlam Q1 Review - Strong Growth In Export Drives Demand; Margins To Remain Under Check: Yes Securities

The brokerage revises its FY25E EPS downwards due to lower margins from 15.5% to 15% for laminates, hence maintains Sell rating on the stock.

<div class="paragraphs"><p>Laminates by Greenlam Industries Ltd. (Photo: Company website)</p></div>
Laminates by Greenlam Industries Ltd. (Photo: Company website)
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