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LICO Materials targets ₹450-500 crore revenue in current fiscal: CEO

Business Standard 1 hr ago·15 Nov 2026, 6:00 am

Lithium-ion battery recycling and refurbishing firm LICO Materials is targeting revenue of about Rs 450500 crore in 202627, driven by higher material-processing volumes, improved capacity utilisation, and greater availability of end-of-life lithium-ion batteries, its CEO Gaurav Dolwani said. The company recorded revenue of approximately Rs 350 crore in 202526, Dolwani said, adding that its processing capacity has expanded significantly since the company last discussed its operations around March

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  • Category: Company.
  • AI reads the tone as positive (potentially bullish) for the stock.

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A routine update. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Business Standard.

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