Evidence Synthesis
SONALIS Sees Quarterly Decline in Gross Margin, Marginal Operating Leverage Accelerates.
The company's gross margin declined from 11.49% in the previous quarter, while its marginal operating leverage accelerated to 5.78%.
Revenue growth slowed down to 2.1% from 7.2% in the previous quarter. On a daily basis, the stock price rose by 11.41% to 38.97 INR, up from 34.98 INR in the previous session. Trading volume decreased to 2,000 shares, down from 11,967 shares in the previous session.