Cyient DLM shares plunge 12.24% despite Q2 profit growth
Cyient DLM shares fell 12.24% on Friday, Oct. 16, despite double-digit revenue growth, higher normalized profit and a record September-quarter order book.
New Delhi, Oct. 18 -- Cyient DLM share price plunged 12.24% on Friday, 16 October, even as the electronics manufacturing services company reported double-digit revenue growth, higher normalised profit and a record order book for the September quarter. The sell-off came amid concerns over margin pre…