Looks like FDC will report strong sales growth for Q4 though on a lower base. Monthly Y-o-Y domestic sales growth(%) for three months is 10.5, 53.1, 34.3. That should translate to around 450 Cr of sales.
As per IPM data after JB Chem (21%), FDC and Ajanta are second fastest growing company at 16%+.
With NPPA allowing price rise and raw material prices normalizing next few Qs look good.
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