India's Sai Silks drops after decline in Q1 turnover

Sai Silks (Kalamandir)

04/07/2024 10:13

** Shares of India's Sai Silks (Kalamandir)  SAIS.NS  drops
3%; it fell as much as 3.8% earlier in the session
    ** Apparel retailer said its turnover in Q1FY25 declined
12.25% y/y 
    ** Trading vols 3.4x 30-day avg 
    ** Stock has shed 31% YTD   

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