Turtlemint Hits 5% Upper Circuit After Q2 Loss Narrows 67%
· Business · Business Standard
Insurtech firm Turtlemint shares hit the 5 percent upper circuit following the release of its second-quarter financial results. The company reported a 67 percent narrowing of its net loss for the quarter. The stock traded below the ₹100 threshold during the session. Detailed revenue figures and operational metrics for the quarter were not immediately disclosed in the report. The broader market responded positively to the narrowed losses.
Why it matters
The narrowed loss signals improving financial health for the insurtech sector, drawing increased investor interest in sub-₹100 stocks.
Read the original report — Business Standard
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