Indo-MIM Shares Fall Before Q1 Results, Then Jump on Profit News
Listen to the story
Indo-MIM is a company with shares on the stock market.
Before its Q1 results, the price of its shares went down.
Q1 means the first three months of the year.
Results are numbers a company shows about its money.
After the results came out, the news was good.
Indo-MIM's profit went up by 31%.
Profit is the money a company keeps after costs.
After this news, the shares went up by 10%.
People also looked at the issue price of the stock.
The issue price is the first price when shares are sold.
Investors compare this price with the price today.
This helps them see if the stock did well.
In other news, Paytm shares went down.
This happened after a block deal.
A block deal is when someone sells many shares at one time.
Vocabulary8 words
- shares
- small parts of a company that people can buy
- results
- numbers that show how a company did
- profit
- money left after paying costs
- issue price
- the first price of a share when it is sold
- block deal
- when someone sells or buys many shares at one time
- investors
- people who put money into companies
- stock market
- a place where shares are bought and sold
- quarter
- three months of the year
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Quiz
Answer key
1. They went down 2. 31% 3. They went down after a block deal
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Indo-MIM is a company with _____ on the stock market.
Before its Q1 results, the price of its shares went _____.
Indo-MIM's _____ went up by 31%.
After this news, the shares went up by _____ %.
People also looked at the _____ of the stock.
The issue price is the first price when shares are _____.
In other news, Paytm shares went _____.
This happened after a _____ deal.
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