ZEEL Q2: Among brokerages, ICICI Securities sees ZEEL’s consolidated revenue to rise 8.6 per cent YoY to Rs 2,203 crore. It sees Ebitda falling 14.8 per cent YoY to Rs 250 crore.
​Operating revenue rose 20% year-on-year (YoY) to Rs 2,437 crore in the second quarter under review. The company has clocked 6% growth in its consolidated EBITDA to Rs 333 crore in the July-September period. EBITDA margins came in at 13.6% in the same period, down from 15.6% a year ago.
Bajaj Auto, Wipro, LTIMindtree Q2 results, IRM Energy IPO to open for subscription in Top News on October 18: Share markets, Nifty, Bank Nifty, gold, crude oil outlook, banks closed in Assam on Kati Bihu, Samsung Galaxy A05s India launch, daily petrol and diesel rates also in focus in top stories today.