RateGain Shares Slump 15% To Hit Fresh 52-Week Low

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SUMMARY

The share price declined even after the company’s consolidated net profit surged 40% to INR 56.54 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 40.42 Cr in the year-ago quarter

On a sequential basis, the company’s operating revenue remained flat at INR 278.70 Cr

Amid a dip in its share price, RateGain’s market capitalisation stood at INR 6,619 Cr at the time of writing

Shares of enterprise tech unicorn Rategain nosedived 15% to touch fresh 52-Week low at INR 522.35 on the BSE today…



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RateGain Shares Slump 15% To Hit Fresh 52-Week Low


SUMMARY

The share price declined even after the company’s consolidated net profit surged 40% to INR 56.54 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 40.42 Cr in the year-ago quarter

On a sequential basis, the company’s operating revenue remained flat at INR 278.70 Cr

Amid a dip in its share price, RateGain’s market capitalisation stood at INR 6,619 Cr at the time of writing

Shares of enterprise tech unicorn Rategain nosedived 15% to touch fresh 52-Week low at INR 522.35 on the BSE today…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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