Stock Crash: Asset manager falls 10%, the most since its listing, after Q4 net loss
Shares of UTI Asset Management Company Ltd. declined 10% on Friday, April 24, reacting to their fourth quarter earnings. This is the biggest single-day fall that the stock has seen since its Dalal Street debut back in 2020. For the March quarter, the company’s total revenue from operations declined by 25% from the previous quarter…
