India's Maan Aluminium slides on Q4 profit fall

Maan Aluminium

31/05/2024 07:39

** Shares of Maan Aluminium  MANA.NS  fall as much as 5.3%
on Q4 results; last down 4.1% at 131.7 rupees
    ** Aluminium products maker reports a near 50% y/y drop in
Q4 net profit, rev down 9.7%
    ** Stock set for worst one-day fall since April 18
    ** Stock set to fall for eight straight week, after losing
8.9% in the last seven weeks
    ** Stock down 7.5% in 2024 so far, after gaining for 4
consecutive years

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))