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VERIFIEDET Stocks·negative
NTPC Green Energy shares fall 4% after Q4 profit drops 15% YoY
AI Summary
- ·NTPC Green Energy shares declined by 4% following the announcement of a 15% year-on-year drop in March quarter net profit.
- ·The company experienced strong revenue growth, but increased expenses impacted profit margins.
- ·Despite domestic institutional investor buying interest, the stock faced pressure due to weak near-term technical indicators.