Evidence Synthesis
SOVERDIA experienced a -11.95% quarterly decline in gross margin, accelerating from -14.51% in the previous period.
The company's marginal operating leverage also showed a quarterly acceleration, moving from -33.17% to -14.51%.
Revenue growth slowed significantly, with a quarterly decline of -45.9%.
SOVERDIA's stock price decreased by .43478426% on the day.
Trading volume increased substantially, with the company handling .1% increase from the previous day's volume of 2,359 shares.
The stock closed at .9 INR per share, a 0.2% decrease from the previous day's close price of 23 INR.