S Chand and Company hits new low; stock tanks 83% against IPO price https://ift.tt/eA8V8J - Walletnews For Me

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Wednesday, May 29, 2019

S Chand and Company hits new low; stock tanks 83% against IPO price https://ift.tt/eA8V8J

The stock tanked 14% to Rs 116 on the BSE, after the company posted 48% dropped in consolidated net profit at Rs 172 crore in March quarter, due to lower revenue and higher interest cost.
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