Tuttiquotidiani is completely free. Every day we aggregate news from 100+ sources and generate original AI summaries for you. Help us keep the service running with a small donation, or become TQ Pro for just €1/month.

Shakti Pumps shares tumble 7% as Q4 profit drops 65% YoY

  • Posted on May 8, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
Shakti Pumps shares tumble 7% as Q4 profit drops 65% YoY
Shakti Pumps shares tumble 7% as Q4 profit drops 65% YoY

Shakti Pumps saw revenue climb significantly. However, costs rose sharply, impacting profits. Earnings per share dropped considerably. Despite this, the board proposed a dividend. The company's stock has fallen over the past year. Institutional investors have reduced their holdings, indicating a cautious market sentiment.
continue reading...

Author
Business News Today

You May Also Like