TARIL shares crash 11% after Q4 results, dividend

TARIL shares crash 11% after Q4 results, dividend

Shares of Transformers and Rectifiers (India) slumped over 11% on Wednesday after Q4 results showed a dip in consolidated net profit despite strong revenue growth and a large order book. Margin pressures and rising expenses appear to have spooked investors, even as the company announced a dividend and outlined fresh capex plans.

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