Archive · 8 Aug 2025
PG Electroplast Shares Plunge After Revenue Guidance Cut
PG Electroplast, a company, told investors that it won't make as much money as they previously thought.
Because of this, the company's stock price went went down by 15%.
The company now expects to sell less, with sales between ₹5,700 crore to ₹5,800 crore and a net profit of ₹300 crore to ₹310 crore for the year.
It's like they are saying they will make less money than they originally planned which caused investors to sell their shares.
PG Electroplast shares fell by as much as 15% on Friday.
The company reduced its full-year revenue growth guidance.
Consolidated sales are now expected to be ₹5,700 crore to ₹5,800 crore.
Net profit for the full year is projected between ₹300 crore and ₹310 crore.
The stock is down over 35% in 2025.
- Who
- PG Electroplast.
- What
- PG Electroplast shares declined after the company cut its revenue guidance.
- When
- Friday, August 8, after the company cut its full year revenue growth guidance.
- Where
- Not explicitly mentioned in the article.
- Why
- Due to a reduced full-year revenue growth guidance.
- Stock Decrease
- 15%
- New Sales Guidance
- ₹5,700 crore to ₹5,800 crore
- Previous Sales Guidance
- ₹6,345 crore
- New Net Profit Guidance
- ₹300 crore to ₹310 crore
- Stock Price
- ₹663.20
- YTD Stock Change
- Down over 35%
