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RateGain Shares Drop 10% After FY25 Guidance Cut

  • RateGain's shares dropped 10.4% after lowering its FY25 guidance.
  • FY25 revenue growth outlook reduced to 15% YoY.
  • Kotak Institutional Equities downgraded stock rating due to lofty valuations.
  • RateGain's Q2 FY25 profit after tax rose 74% to INR 52.2 Cr.

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