Sify Technologies shares decline 2.5% after-hours due to Q1 FY25 financial results announcement.

Sify Technologies Limited experienced a 2.5% decline in after-hours trading. The primary reason for this drop in the stock price was the announcement of the company's upcoming financial results for the First quarter ended June 30, 2024. Sify's management will release the unaudited IFRS financials on July 19, 2024, ahead of the market open, which often triggers volatility in the stock market as investors assess the company's performance and future prospects. The conference call with key executives is expected to provide further insights, potentially influencing the trading sentiment.