Why PG Electroplast Share Dropped 10% After Nuvama Price Target Cut
PG Electroplast shares dropped sharply this week. We watched them fall nearly 40% in just four days. The decline was triggered by a sharp cut in FY26 projections and a notable fall in net profit. Similarly, in Q1, revenue increased by 14 percent to 1,504 crore and net profit fell by 21 percent to 67 crore. Nuvama slashed its target price to ₹710 from ₹1,100, a reduction of 35%.
Continue Reading on Meyka
This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.
Read Full Article →
