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Why Cyient DLM stock fell 7% despite strong Q2FY25 results; reasons here

Business Standard LogoBusiness Standard6d ago

Why Cyient DLM stock fell 7% despite strong Q2FY25 results; reasons here - Business Standard

Quick Summary:

Shares of Cyient DLM slipped 6.64 per cent at Rs 652.

At 12:17 PM, the stock price of the company declined by 4.61 per cent at Rs 666.90  a piece on the BSE.

The company’s share price tanked despite a decent showing in quarterly earnings for the second quarter of the financial year 2024-25 (Q2FY25).


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 12:26:39 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 468 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23195265

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 294 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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