Evidence Synthesis
DAVANGERE Sees Accelerating Gross Margin and Marginal Operating Leverage, Despite Decelerating Daily Volume and Revenue Growth.
The company's quarterly gross margin accelerated to , up from 6.29%. Meanwhile, its marginal operating leverage increased to , from 3.56%. Revenue growth, however, decelerated to , down from 53.7%. The company's daily volume and close price also decreased, to 5388389 shares and 3.56 INR, respectively.
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