India's Emkay Global down 7% after Q4 loss widens

Emkay Global Financial Services

16/05/2023 07:56

** Shares of Emkay Global Financial Services Ltd  EMKS.NS 
fall as much as 7.45% to 72.10 rupees, mark sharpest intraday
pct loss since Sept. 26
    ** Stock on track to snap four consecutive session of gains,
if trends hold
    ** Co reports widened Q4 consolidated net loss at 53.7
million rupees from loss of 46.6 mln rupees a year earlier
    ** Total rev from ops falls ~19% YoY
    ** More than 100,000 shares traded by 12:01 p.m. IST, 1.6x
the 30-day avg
    ** Including session's loss, stock down 7.1% YTD






 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))