India's Maharashtra Seamless drops after Q1 profit fall

Maharashtra Seamless

30/07/2024 05:46

** Shares of India's Maharashtra Seamless  MHSM.NS  fall ~4%
to 641.9 rupees
    ** MHSM set to lose for the first session in three, if
trends hold 
    ** Co, which makes steel pipes and tubes, posted over 37%
fall in Q1 consol net profit, sales dipped ~6% 
    ** Trading vols 1.3x 30-day
    ** YTD, stock has lost ~31% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))