India's Ratnaveer Precision Engineering rises on upbeat Q1 margin outlook
12/07/2024 08:22
** Shares of Ratnaveer Precision Engineering RATP.NS rise
2.5% to 166.67 rupees, set for best day in a week
** The stainless steel products maker says operating margin
is expected to grow slightly ahead of revenue in June-qtr; gross
margin to expand Y/Y
** Despite current session gains, RATP set to snap five-week
gaining streak; down ~3% so far this week
** Stock up ~29% so far since listing in Sept. 2023
(Reporting by Dimpal Gulwani in Bengaluru)
((dimpal.gulwani@thomsonreuters.com))
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