Crompton Greaves falls after Dec quarter loss

Last Updated: Wed, Jan 30, 2013 05:42 hrs
A broker monitors share prices at a brokerage firm in Mumbai

Crompton Greaves Ltd shares fell as much as 7.84 percent after posting a loss of 1.89 billion rupees in the quarter ended December.

Morgan Stanley said in a report the earnings miss was driven by weaker-than-expected trends in the international and domestic transmission and distribution business.


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