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India's Shanti Gold slips after quarterly EBITDA margin drops

By Reuters News22 hours ago Updated

** Shares of India's Shanti Gold International SNTG.NS fall 11.6% to 262.60 rupees, their lowest level since September 23, 2026

** Stock on track for its biggest daily percentage loss since listing on August 1, 2025

** Gold jewellery manufacturer reports September-quarter EBITDA margin dropped to 5.7% from 8.55% Y/Y

** However, September-quarter consolidated profit increases 13.7% Y/Y and revenue from operations rises 73.5% Y/Y

** Stock up 39.7% YTD

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