India's Symphony slumps nearly 9% after swinging to quarterly loss

Symphony

05/02/2025 09:04

** Shares of Symphony Ltd  SYMP.NS  slump 8.6% to 1,305.45
rupees
    ** Air cooler manufacturer swings to loss in Q3 on lower
revenue and slightly higher costs
    ** SYMP posts first loss in at least 4 years - LSEG data
    ** Stock was down 2.6% before results
    ** Around 1 mln shares traded in stock's busiest session in
about 4 months vs 30-day avg volume of 101,000 shares
    ** Analysts tracking SYMP rate it "hold" on avg - data
compiled by LSEG
    ** Stock swings to YTD loss of 3%


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))