Bengaluru, Nov. 14 -- A leading electronics and consumer-durables manufacturing stock drew investor attention despite reporting a steep decline in quarterly profit, as demand softness in room ACs weighed on performance. However, improving long-term outlook and guidance kept sentiment supported around the stock.
PG Electroplast Ltd, with a market capitalization of Rs. 16,272 crore, opened at Rs. 528 against a previous close of Rs. 559.60 and hit a low of Rs. 528, falling 5.66 percent from the previous close. The stock later recovered and touched a high of Rs. 582, rising 4.01 percent from the previous close as investors reacted positively to the company's future outlook and strong guidance.
Financial Snapshot - Q2FY26
On a quarter-on-qu...
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