TARIL shares crash 11% after Q4 results, dividend announcement: What’s spooking investors?
By TodayTelugu Desk1 min read0 views
Shares of Transformers and Rectifiers (India) slumped over 11% on Wednesday after Q4 results showed a dip in consolidated net profit despite strong revenue growth and a large order book. Margin pressures and rising expenses appear to have spooked investors, even as the company announced a dividend and outlined fresh capex plans.
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