India's Panama Petrochecm tumbles on quarterly profit drop

Panama Petrochem

26/05/2025 09:22

** Shares of Panama Petrochem PAPT.NS fall 8% to 363 rupees, set for worst day since April 7

** Petroleum specialty products maker posts 27% y/y drop in Q4 consol profit, rev drops 6%

** More than 240,000 shares traded, stock sees most active day since February 20

** Including session's move, stock down 0.5% YTD

 (Reporting by Nishit Navin in Bengaluru)

 ((nishit.navin@thomsonreuters.com))