Evidence Synthesis
MegaStar Sees Accelerating Gross Margin and Operating Leverage as It Shifts into Standard Mode.
MegaStar's quarterly gross margin accelerated to , up from 3.9%. The company's marginal operating leverage also increased to 3.9%, up from 1.78%.
These improvements come as the stock moves into standard mode, with daily volume declining to 2912 shares, down from 47289 shares. Despite this, the close price accelerated to 312.4 INR, up from 308.45 INR.