Sonam Limited Q2 FY27: Revenue surges to Rs129.39 Cr while margin compression and rising debt weigh on cash flows
India, Oct. 22 -- The Morbi-based clock manufacturer Sonam Limited has now released its September-quarter numbers, and the headline figures certainly stand out. Sales climbed sharply from last year, profit followed, yet a closer look at costs, margins and borrowing shows a more layered picture for shareholders and investors to weigh before drawing conclusions.
The Nifty 50 traded at 22,630, down 0.78%, while the Sensex fell 0.65% to 73,222 on Thursday. Following this the Shares of Sonam Ltd are trading at Rs. 73.00, down 1.52 percent on Thursday. The stock touched the intraday high of Rs. 75.99 after opening at Rs. 75.00 before slipping to a low of Rs. 70.43. The company commands a market capitalization of Rs. 292.23 crore.
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