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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
151 announcements match the current filters (relevance ≥ 5).
Capital Trust Returns to Operational Profitability in Q4FY26; GNPA Drops to 2.8%
Capital Trust Limited reported a return to operational profitability in Q4FY26 with a PBT of ₹0.13 Cr, marking the completion of its transition to a secured and partnership-led lending model. The company significantly improved its asset quality, with Gross NPA falling from 9.1% in Q1FY26 to 2.8% in Q4FY26 and Net NPA reaching 0%. While PAT was impacted by a one-time non-cash deferred tax asset write-off of ₹19 Cr, Q4 disbursements surged 4.5x QoQ to ₹89.4 Cr. The balance sheet is now highly resilient with a Capital Adequacy Ratio above 35% and leverage below 1x.
Key Highlights
Achieved positive PBT of ₹0.13 Cr in Q4FY26, the first profitable quarter since the provisioning cycle began.
Gross NPA reduced significantly to 2.8% from 9.1% earlier in the fiscal year, with Net NPA at 0%.
Total disbursements for Q4 reached ₹89.4 Cr, representing a 4.5x increase over Q3FY26 levels.
Portfolio transformation completed with 56% of AUM now consisting of secured or zero-credit risk assets.
Strong capital position with CRAR above 35% and Debt-to-Equity leverage reduced to under 1x.
👀 What to Watch
Investors should view the operational turnaround and cleaned-up balance sheet as a positive signal for future growth. Monitor the scalability of the new gold loan franchise and the sustainability of the partnership-led MSME model in FY27.
Capital Trust Reports Massive FY26 Net Loss of ₹46.82 Cr as Loan Book Shrinks 62%
Capital Trust Limited reported a severe downturn for the fiscal year ended March 31, 2026, posting a net loss of ₹46.82 crore compared to a profit of ₹1.11 crore in FY25. Total income plummeted by 55.9% YoY to ₹42.36 crore, primarily due to a sharp decline in interest income as the company intentionally slowed disbursements. The loan book contracted significantly to ₹31.28 crore from ₹82.95 crore a year ago, reflecting management's cautious stance amid collection challenges in the unsecured lending segment. Surging impairment costs and write-offs, which rose to ₹12.33 crore, further eroded the company's capital base.
Key Highlights
Net Loss of ₹46.82 Cr for FY26 against a Net Profit of ₹1.11 Cr in FY25.
Total Income for the year fell to ₹42.36 Cr from ₹96.00 Cr in the previous fiscal.
Loan assets shrank by 62.3% YoY, ending at ₹31.28 Cr as of March 31, 2026.
Impairment and write-offs on financial instruments surged to ₹12.33 Cr from ₹2.05 Cr YoY.
The company reported a negative EPS of ₹18.40 for the full year.
👀 What to Watch
Investors should exercise extreme caution as the company is in a state of significant business contraction and financial distress. Avoid fresh exposure until there is clear evidence of stabilized collections and a sustainable turnaround in the lending book.
NCLAT Directs Banks to Respond to Jyoti Structures' NFB Limit Requests Within 30 Days
The National Company Law Appellate Tribunal (NCLAT) has ruled in favor of Jyoti Structures regarding the release of non-fund-based (NFB) limits. The order directs appellant banks to cooperate and respond to the company's requests for these limits within one month of receipt. This legal development follows an appeal against a previous NCLT order from February 2026 and provides a clear mechanism for the company to secure necessary banking facilities. Furthermore, the company has been granted liberty to revive contempt proceedings if banks fail to comply with the directive.
Key Highlights
NCLAT order dated May 26, 2026, allows the appeal regarding the disbursal of non-fund-based (NFB) limits.
Appellant banks are mandated to respond to the company's NFB requests within a strict one-month timeline.
The company retains the right to revive contempt applications before the NCLT if banks do not cooperate.
The ruling addresses a significant operational bottleneck, potentially unlocking working capital for project execution.
👀 What to Watch
Investors should monitor the company's progress in securing NFB limits over the next 30-45 days, as this will be a key driver for operational turnaround. Successful acquisition of these limits would significantly improve the company's ability to execute its order book.
Spectrum Electrical FY26 Results: Full QIP Utilization and ₹1.11 Cr Alric Electric Acquisition
Spectrum Electrical Industries has successfully utilized the entire ₹36.55 crore raised through its Qualified Institutions Placement (QIP) for capital expenditure and working capital. The company's balance sheet shows a massive surge in Capital Work-in-Progress (CWIP) to ₹116.79 crore, indicating significant ongoing expansion. Additionally, the company completed the 100% acquisition of Alric Electric Private Limited for ₹1.11 crore. The board also approved converting unsecured loans into equity for its wholly-owned subsidiary to strengthen its capital base.
Key Highlights
Fully utilized ₹3,654.59 Lakhs QIP proceeds for Capex (₹1,375 Lakhs) and Working Capital (₹2,214 Lakhs).
Capital Work-in-Progress (CWIP) jumped over 500% to ₹11,678.62 Lakhs from ₹1,882.75 Lakhs YoY.
Completed 100% acquisition of Alric Electric Private Limited for a consideration of ₹111.00 Lakhs.
Inventories increased by 73% YoY to ₹12,979.84 Lakhs, reflecting a significant scale-up in operations.
Total Non-Current Assets grew to ₹32,942.19 Lakhs from ₹19,335.06 Lakhs in the previous year.
👀 What to Watch
Investors should view the massive increase in CWIP as a lead indicator for future revenue growth once these assets are commissioned. The successful deployment of QIP funds and strategic acquisitions suggest the company is in an aggressive growth phase.
Spectrum Electrical FY26 Results: CWIP Jumps 520% to ₹116.7 Cr; Acquires Alric Electric
Spectrum Electrical Industries reported its FY26 results, highlighting a massive expansion phase with Capital Work-in-Progress (CWIP) jumping to ₹116.78 crore from ₹18.82 crore. The company successfully utilized its entire QIP fund of ₹36.54 crore for capital expenditure and working capital. Additionally, it completed the 100% acquisition of Alric Electric Private Limited for ₹1.11 crore in March 2026. Inventory levels also saw a sharp increase to ₹129.79 crore, indicating a significant ramp-up in operations and expected demand.
Key Highlights
Completed 100% acquisition of Alric Electric Private Limited for a consideration of ₹111.00 Lakhs
Capital Work-in-Progress (CWIP) surged by 520% YoY to ₹11,678.62 Lakhs, indicating massive capacity expansion
Total Non-Current Assets nearly doubled from ₹19,335.06 Lakhs to ₹32,942.19 Lakhs
Fully utilized ₹3,654.59 Lakhs raised through QIP for Capex and Working Capital with zero deviation
Inventory levels grew by 73% YoY to ₹12,979.84 Lakhs as of March 31, 2026
👀 What to Watch
Investors should focus on the commissioning timeline of the ₹116.7 crore CWIP, as this will be the primary driver for future revenue growth. The aggressive asset build-up and strategic acquisitions suggest a strong growth trajectory, though working capital management warrants monitoring.
TruAlt Bioenergy Q4 FY26: Legal Win for 15 Crore Litre Ethanol Supply Worth ₹1,062 Crore
TruAlt Bioenergy reported its Q4 FY26 results, highlighting a strategic transition to a 1,300 KLPD dual-feed ethanol infrastructure within its 2,000 KLPD total capacity. Despite industry-wide allocation cuts, the company secured a legal victory to supply 15 crore litres of ethanol, representing a revenue potential of ₹1,062 crore. The company is also diversifying into Sustainable Aviation Fuel (SAF) with a proposed 100 million litres/annum plant and expanding its CBG segment through JVs with GAIL and Sumitomo.
Key Highlights
Secured Karnataka High Court order for 15 crore litres of ethanol supply with ₹1,062 crore revenue potential
Integrated 1,300 KLPD dual-feed infrastructure into total 2,000 KLPD ethanol capacity for year-round operations
Proposed 100 million litres/annum Sustainable Aviation Fuel (SAF) plant in Andhra Pradesh with ₹150 crore VGF potential
Expanding CBG footprint with 4 plants under construction and 6 more in the pipeline via JVs with GAIL and Sumitomo
Retail network includes 7 operational outlets with 76 prospective locations shortlisted for future expansion
👀 What to Watch
Investors should monitor the execution timeline of the 15 crore litre ethanol supply order as it is critical for revenue recovery following recent industry disruptions. The progress of the SAF project and CBG joint ventures will be the primary long-term growth drivers to watch.
TruAlt Bioenergy Approves FY26 Audited Results with Unmodified Auditor Opinion
TruAlt Bioenergy's Board of Directors has approved the audited standalone and consolidated financial results for the quarter and fiscal year ended March 31, 2026. The statutory auditors, M/s N. M. Raiji & Co., issued an unmodified opinion, signaling that the financial statements present a true and fair view of the company's finances. Additionally, the company has strengthened its oversight by appointing M/s ZADN and Associates LLP as Internal Auditors and M/s R. Nanabhoy & Co. as Cost Auditors for FY 2026-27. These routine but essential appointments ensure continued regulatory compliance and internal control efficiency.
Key Highlights
Approved audited standalone and consolidated financial results for the fiscal year ended March 31, 2026.
Statutory auditors issued a clean report with an unmodified opinion on the FY26 financial results.
Appointed M/s ZADN and Associates LLP as Internal Auditors for the financial year 2026-27.
Appointed M/s R. Nanabhoy & Co. as Cost Auditors for the financial year 2026-27.
The board meeting concluded within approximately 90 minutes, indicating efficient approval of agenda items.
👀 What to Watch
Investors should review the detailed financial tables in Annexure-I to assess revenue and profit growth trends. The unmodified auditor opinion is a positive indicator of the company's financial reporting integrity.
Centrum Capital to Raise Up to ₹2,000 Crore and Reports FY26 Consolidated Net Loss
Centrum Capital's board has approved a massive enabling resolution to raise up to ₹2,000 crore to bolster its capital position. This includes ₹1,000 crore through Non-Convertible Debentures and another ₹1,000 crore via equity-linked routes such as Rights Issues or QIPs. While the company reported a consolidated net loss for FY26, it also underwent significant structural changes, including the cessation of Centrum Housing Finance as a subsidiary. The board has also recommended the re-appointment of its statutory auditors for a second five-year term.
Key Highlights
Approved fundraising of up to ₹1,000 crore through the issuance of Non-Convertible Debentures (NCDs).
Authorized an additional ₹1,000 crore fundraise via Rights Issue or Private Placement/QIP.
Reported a consolidated net loss for the financial year ended March 31, 2026.
Centrum Housing Finance Limited ceased to be a subsidiary effective March 18, 2026.
Re-appointed M/s. Sharp & Tannan as Statutory Auditors for a second five-year term until FY 2030-31.
👀 What to Watch
Investors should closely examine the full financial statements to identify the causes of the consolidated net loss and monitor the dilution impact of the proposed ₹1,000 crore equity fundraise.
Centrum Capital to Raise ₹2,000 Crore and Re-appoints Statutory Auditors
Centrum Capital's board has approved a significant fundraising plan totaling ₹2,000 crore through Non-Convertible Debentures (₹1,000 crore) and equity-linked instruments (₹1,000 crore). The company also confirmed the re-appointment of M/s. Sharp & Tannan as statutory auditors for a second five-year term, ensuring audit continuity. While the auditors issued an unmodified opinion for FY26, the report notes a consolidated net loss for the period. Structural changes were also noted, with Centrum Housing Finance and Centrum Alternatives LLP ceasing to be subsidiaries in March 2026.
Key Highlights
Approved raising up to ₹1,000 crore through issuance of Non-Convertible Debentures (NCDs).
Approved additional fundraise of up to ₹1,000 crore via Rights Issue or Private Placement/QIP.
Re-appointed M/s. Sharp & Tannan as Statutory Auditors for a second 5-year term until FY 2030-31.
Auditors issued an unmodified opinion for FY 2025-26 despite the group reporting a consolidated net loss.
Centrum Housing Finance Limited ceased to be a subsidiary effective March 18, 2026.
👀 What to Watch
Investors should closely monitor the execution and dilution impact of the proposed ₹2,000 crore fundraise. It is also critical to analyze the full FY26 financial results to understand the causes of the consolidated net loss and the impact of divesting the housing finance subsidiary.
Centrum Capital to Raise Up to ₹2,000 Crore via NCDs and Equity; Reports FY26 Results
Centrum Capital's board has approved a massive fundraising plan totaling ₹2,000 crore, split equally between Non-Convertible Debentures (NCDs) and equity-linked securities (Rights Issue/QIP). The company reported a consolidated net loss for the financial year ended March 31, 2026, though specific loss figures were not detailed in the cover letter. Notably, Centrum Housing Finance ceased to be a subsidiary during the quarter on March 18, 2026. The board also recommended the re-appointment of Sharp & Tannan as statutory auditors for a second five-year term.
Key Highlights
Approved raising up to ₹1,000 crore through the issuance of Non-Convertible Debentures (NCDs).
Authorized additional fundraising of up to ₹1,000 crore via rights issue, private placement, or QIP.
Centrum Housing Finance Limited ceased to be a subsidiary of the company effective March 18, 2026.
Reported a consolidated net loss for the full financial year ended March 31, 2026.
Re-appointed M/s. Sharp & Tannan as Statutory Auditors for a five-year term ending in FY 2030-31.
👀 What to Watch
Investors should closely monitor the terms and dilution impact of the proposed ₹1,000 crore equity raise and evaluate how the exit from the housing finance subsidiary affects the long-term consolidated bottom line.
Jyoti Structures Secures 220kV Transmission Line Project in Sri Lanka via Joint Venture
Jyoti Structures Limited (JSL) has entered into a joint venture with Sri Lanka's Hayleys Fentons Limited for a significant power transmission project. The contract involves the construction of the Mannar–Mullikulam 220kV Double Circuit Transmission Line, awarded by the National Transmission Network Service Provider (NTNSP). This project is critical for evacuating power from the Mullikulam Wind Power Projects to Sri Lanka's national grid. This international expansion reinforces JSL's position as a global EPC player in the high-voltage transmission sector.
Key Highlights
Joint venture contract signed for the Mannar–Mullikulam 220kV Double Circuit Transmission Line in Sri Lanka.
Project awarded by the newly established National Transmission Network Service Provider (Private) Limited (NTNSP).
Infrastructure designed to evacuate power from the Mullikulam Wind Power Projects to the national grid.
Collaboration with Hayleys Fentons, Sri Lanka's leading MEP and Solar EPC contractor.
Strengthens JSL's international portfolio and presence in the regional energy infrastructure market.
👀 What to Watch
Investors should view this as a positive development for JSL's order book and international footprint. Monitor for further updates on project value and execution timelines to assess the impact on future revenue and margins.
CRISIL Downgrades Kabra Extrusion Technik's Long-term Rating to 'A-/Stable'
CRISIL has downgraded the credit ratings for Kabra Extrusion Technik Limited's bank facilities totaling Rs. 354 Crore. The long-term rating moved from 'CRISIL A/Negative' to 'CRISIL A-/Stable', while the short-term rating was lowered from 'CRISIL A1' to 'CRISIL A2+'. The agency cited the company's financial performance in Quarter 3 as the primary reason for this revision. A downgrade typically indicates a perceived increase in credit risk or a deterioration in financial health.
Key Highlights
Long-term bank facility rating downgraded to CRISIL A-/Stable from CRISIL A/Negative
Short-term bank facility rating downgraded to CRISIL A2+ from CRISIL A1
Total bank loan facilities impacted amount to Rs. 354 Crore
Downgrade is based on the company's financial performance reported for Quarter 3
👀 What to Watch
Investors should monitor the company's debt levels and interest coverage ratios, as a downgrade may lead to higher borrowing costs. It is important to review the upcoming quarterly results to assess if the performance decline is a one-off event or a long-term trend.
Jyoti Structures Secures Rs 67.96 Crore Transmission Project in Sri Lanka
Jyoti Structures Limited has bagged a new international order worth approximately Rs. 67.96 Crores for the Mullikulam Wind Power Transmission Project in Sri Lanka. The project involves the construction of a 28km long, 220kV double circuit transmission line from Mannar GS to Mullikulam Collector Grid Substation. Executed in a joint venture with Fentons, the project has a completion timeline of 18 months. This win strengthens the company's international order book and presence in the South Asian power infrastructure sector.
Key Highlights
Total contract value is approximately Rs. 67.96 Crores (based on 1 USD = Rs. 95.14).
Scope includes construction of a 28km long, 220kV double circuit transmission line.
Project execution period is set at 18 months from the contract date.
The contract is a Joint Venture with Fentons for the National Transmission Network Service Provider.
👀 What to Watch
Investors should view this as a positive development for the company's order book; however, keep an eye on execution timelines and potential currency risks associated with international projects.
Kabra Extrusion Technik Appoints Uttam Singh as Interim CFO
Kabra Extrusion Technik Limited has appointed Mr. Uttam Singh as the Interim Chief Financial Officer (CFO) and Key Managerial Personnel, effective May 13, 2026. Mr. Singh, currently the DGM of Accounts and Finance, is a Chartered Accountant with over 20 years of experience in the Pharma and Plastics sectors. This interim arrangement will remain in place until the Board of Directors appoints a permanent CFO. The move ensures continuity in financial leadership and regulatory compliance during the transition period.
Key Highlights
Mr. Uttam Singh appointed as Interim CFO and Key Managerial Personnel effective May 13, 2026
The appointee is a qualified Chartered Accountant with over 20 years of industry experience
Mr. Singh previously served as the Deputy General Manager (DGM) of Accounts and Finance within the company
The interim role will continue until a permanent CFO is selected by the Board of Directors
👀 What to Watch
Investors should view this as a routine transitionary step and monitor future announcements regarding the appointment of a permanent CFO to ensure long-term leadership stability.
Spectrum Electrical to Invest ₹110 Crore for Expansion in Maharashtra via MoU
Spectrum Electrical Industries Limited has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra for a proposed expansion project. The company intends to invest ₹110 crore in the Talegaon Akrale Industrial Area, Dindori, Nashik. This investment is expected to generate approximately 525 direct and indirect employment opportunities. The state government will facilitate necessary permissions and provide fiscal incentives to support the project's execution.
Key Highlights
Proposed expansion investment of ₹110 crore in Maharashtra
MoU signed during the Government of Maharashtra’s Investment Summit 2026
Projected creation of 525 direct and indirect jobs
Government to facilitate fiscal incentives and regulatory clearances for the Nashik-based project
👀 What to Watch
Investors should view this as a positive growth signal for the company's manufacturing capacity and monitor future updates regarding the project's commencement and specific fiscal benefits.
Jyoti Structures Reports Robust FY26 Results; Net Profit Surges 56.5% YoY to ₹56.04 Cr
Jyoti Structures Limited (JSL) delivered a strong financial performance for FY2025-26, with total income growing 53.1% YoY to ₹772.44 Cr. The company's net profit for the full year rose significantly by 56.5% to ₹56.04 Cr, compared to ₹35.81 Cr in the previous fiscal. Quarterly performance was equally impressive, with Q4 FY26 net profit increasing 51.9% YoY to ₹18.14 Cr. This growth was driven by disciplined execution, volume-led expansion, and improved EBITDA margins which reached 9.84% in the final quarter.
Key Highlights
Full-year FY26 total income increased by 53.1% YoY to ₹772.44 Cr
Annual Net Profit grew by 56.5% to ₹56.04 Cr from ₹35.81 Cr in FY25
Q4 FY26 EBITDA margins expanded by 89 basis points YoY to reach 9.84%
Quarterly Net Profit for Q4 FY26 rose 51.9% YoY to ₹18.14 Cr
Management attributes growth to volume-led execution and tighter cost controls
👀 What to Watch
Investors should view these results as a strong growth signal for the EPC player, indicating successful operational scaling. Monitor the company's ability to maintain these improved margins and the pace of new order inflows in the power transmission sector.
Jyoti Structures Board Approves Audited Financial Results for Q4 and FY 2025-26
The Board of Directors of Jyoti Structures Limited met on April 30, 2026, to approve the audited standalone and consolidated financial results for the quarter and full year ending March 31, 2026. This filing represents the formal regulatory submission of the company's annual performance. While the cover letter does not detail specific profit or loss figures, it confirms the completion of the audit process for the fiscal year. Investors should monitor the accompanying detailed financial tables for insights into the company's recovery and operational health.
Key Highlights
Board approved audited standalone and consolidated financial results for the fiscal year ended March 31, 2026.
The results cover the final quarter (Q4) of the 2025-26 financial year.
Filing is in compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations 2015.
The announcement follows the board meeting held on April 30, 2026.
👀 What to Watch
Investors should examine the full financial statements to assess revenue growth and debt-to-equity ratios. Focus on the company's ability to execute its order book and maintain margins in the power transmission sector.
Jyoti Structures Approves FY26 Audited Results and Appoints New Auditors for FY27
The Board of Jyoti Structures approved the audited financial results for the quarter and full year ended March 31, 2026. To enhance internal governance, the company appointed two internal audit firms and designated new cost and tax auditors for FY 2026-27. Related party transactions for the second half of FY26 were also ratified, including a CEO compensation of 3.20 units and a CFO salary of 0.35 units. This meeting marks the formal closure of the 2025-26 fiscal year and establishes the audit framework for the upcoming year.
Key Highlights
Approved Standalone and Consolidated Audited Financial Statements for the year ended March 31, 2026.
Appointed two Internal Auditors, M/s Bhushan Khot and Co. and M/s K N B J & Associates, to ensure enhanced coverage of internal controls.
Disclosed CEO Rajesh Kumar Singh's salary at 3.20 and CFO Abdul Hameed Khan's salary at 0.35 for the reported period.
Appointed CMA Dr. Narhar K. Nimkar as Cost Auditor and M/s Santosh M. Raikar & Co. as Tax Auditor for FY 2026-27.
👀 What to Watch
Investors should review the detailed financial statements once published to evaluate revenue and margin trends. The appointment of additional internal auditors suggests a positive step toward strengthening corporate governance.
SAT Extends Interim Order on TruCap Finance Open Offer; Next Hearing June 12, 2026
The Securities Appellate Tribunal (SAT) has extended its interim order regarding the open offer for TruCap Finance Limited by Marwadi Chandarana Intermediaries Brokers Private Limited. During the hearing on April 24, 2026, the appellant requested an adjournment, which was granted by the Tribunal. Consequently, the existing interim order will remain in effect until the next scheduled hearing on June 12, 2026. This development indicates a delay in the regulatory clearance process for the acquisition.
Key Highlights
SAT hearing for the TruCap Finance Open Offer held on April 24, 2026.
Interim order extended by the Hon'ble Tribunal until the next hearing date.
Next hearing is officially scheduled for June 12, 2026.
Open offer is initiated by Marwadi Chandarana Intermediaries Brokers Private Limited.
👀 What to Watch
Investors should maintain a watch on the June 12 hearing as it will determine the timeline for the Open Offer exit opportunity. It is advisable to wait for the final SAT ruling before making significant changes to holdings related to the acquisition event.
India Ratings Assigns 'IND A-' Rating to TruAlt Bioenergy's ₹1,766 Crore Bank Facilities
India Ratings has assigned a first-time 'IND A-' rating with a stable outlook to TruAlt Bioenergy's ₹1,766 crore bank facilities, citing its position as India's largest ethanol producer with a 2,000 klpd capacity. The company has a strong order book to supply 505 million liters in ESY26, which is expected to drive significant revenue growth in FY27. While the company is undergoing a large ₹10.5 billion capex for Compressed Biogas (CBG) plants, its recent ₹7.5 billion IPO fresh issue has strengthened the balance sheet. Analysts expect net leverage to improve to below 3.5x by FY27 as new capacities and grain-based feedstock integration stabilize.
Key Highlights
Assigned 'IND A-/Stable' and 'IND A2+' ratings for ₹17,660 million bank loan facilities.
India's largest cane-based distillery with 2,000 klpd capacity and a 505 mnL ethanol order book for ESY26.
9MFY26 consolidated revenue grew 13% YoY to ₹11.2 billion with EBITDA of ₹1.9 billion.
Planned ₹10.5 billion capex for 21 CBG plants in JVs with GAIL India and Sumitomo Corporation.
Net leverage expected to improve from 4.5x in FY25 to below 3.5x by FY27 following IPO fund utilization.
👀 What to Watch
Investors should take this investment-grade rating as a positive sign of the company's creditworthiness and scale post-listing. Monitor the timely execution of the CBG projects and any regulatory changes to ethanol blending prices which could impact margins.
