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VERIFIEDET Stocks·negative
PI Industries shares tumble 7% after Q4 profit drops 39% YoY to Rs 200 crore
AI Summary
- ·PI Industries reported a 39% year-over-year drop in Q4 net profit to Rs 200 crore.
- ·The company also experienced weaker revenue and EBITDA for the quarter.
- ·Investor concerns were heightened by weak technicals and declining institutional holding.