Tega extends falls; slips 17% in 2 days on disappointing Q2 results

Q: How long will it take to read this news story?

The story "Tega extends falls; slips 17% in 2 days on disappointing Q2 results" has 500 words across 17 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Tega extends falls; slips 17% in 2 days on disappointing Q2 results" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 228 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23653619</li><li>URL: https://beamstart.com/news/tega-extends-falls-slips-17-17319201715632</li></ul>

Business Standard Logo Business Standard 5h ago

Tega extends falls; slips 17% in 2 days on disappointing Q2 results - Business Standard

Quick Summary:

In Q2FY25, the company's EBITDA decreased 58% YoY at Rs 34.4 crore; margin contracted to 9.7 per cent from 21.6 per cent in Q2FY24, impacted due to onetime expenses incurred during the quarter.

The stock had hit a record high of Rs 2,327 on November 7 and rallied 30 per cent between October 25 and November 7.

At 01:53 pm; Tega was trading 11 per cent lower at Rs 1,721, as compared to 0.21 per cent decline in the BSE Sensex.