IT Stock falls 13% After announcing weak results and downgrade by Analysts
This Tech company shares declined 13% following JPMorgan’s target price reduction to Rs 1,900. Despite showing an 8% QoQ revenue growth to Rs 1,471 crore and 44% YoY net profit increase to Rs 204 crore in Q2 FY25, the flat QoQ profit and lowered FY25 growth guidance raised investor concerns. Share Price Movement The share … Continue reading IT Stock falls 13% After announcing weak results and downgrade by Analysts
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