Cyient DLM stock price falls 4 % on profit booking after strong Q1FY25 show
By
Binu Mathew
Cyient DLM stock falls on profit booking: Shares of Cyient DLM fell as much as 4.41 per cent to hit an intraday low of Rs 731.55 per share on Tuesday, July 23.
The fall came after investors flocked to book profits after strong Q1FY25 results.
In Q1FY25, the company’s consolidated profit nearly doubled, or jumped 98.1 per cent on a year-on-year (Y-o-Y) basis to Rs 10.5 crore as opposed to Rs 5.3 crore in Q1FY24.