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CMI Limited ( (IN:CMICABLES) ) just unveiled an update.
CMI Limited has announced the approval of its unaudited financial results for the quarter and half-year ending September 30, 2024, during a board meeting authorized by the company’s Resolution Professional. The company, which is undergoing a corporate insolvency resolution process initiated by Canara Bank under the Insolvency and Bankruptcy Code, reported a net loss for the period, reflecting ongoing financial challenges. This announcement highlights the company’s current financial difficulties and its efforts to comply with regulatory requirements amid insolvency proceedings.
More about CMI Limited
Average Trading Volume: 4,739
Technical Sentiment Signal: Sell
Current Market Cap: 62.83M INR
For a thorough assessment of CMICABLES stock, go to TipRanks’ Stock Analysis page.