Jyothy Labs shares plunge 11% as Henkel ends PRIL, Fa licencing deal | Collector
Business Standard
Jyothy Labs shares plunge 11% as Henkel ends PRIL, Fa licencing deal
Jyothy Labs shares plunged 11% after Henkel decided not to renew PRIL and Fa licensing agreements beyond May 2026. Analysts see a significant hit on revenue and margins in FY27 and FY28