India's Dharmaj Crop Guard slumps on Q4 profit fall

Dharmaj Crop Guard

16/05/2023 07:39

** Shares of agrochemical company Dharmaj Crop Guard Ltd
 DHAM.NS  down as much as 11.45% to 160.05 rupees, their lowest
since April 10
    ** Co on track for second consecutive session of losses if
trends hold
    ** DHAM reported a ~47% Y/Y decrease in Q4 profit after tax;
revenue from operations fell ~27%
    ** About 450,427 shares change hands as of 12:02 p.m. IST,
vs 4.7x 30-day average of 95,558 shares 
    ** Stock down 9.4% YTD as of last close

($1 = 81.7800 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))