EnterpriseTech

RateGain Shares Slump 15% To Hit Fresh 52-Week Low

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SUMMARY

The share price declined even after the company’s consolidated net profit surged 40% to INR 56.54 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 40.42 Cr in the year-ago quarter

On a sequential basis, the company’s operating revenue remained flat at INR 278.70 Cr

Amid a dip in its share price, RateGain’s market capitalisation stood at INR 6,619 Cr at the time of writing

Shares of enterprise tech unicorn Rategain nosedived 15% to touch fresh 52-Week low at INR 522.35 on the BSE today…

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