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India's Crompton Greaves falls after Dec quarter loss

Source : REUTERS
Last Updated: Wed, Jan 30, 2013 04:10 hrs

MUMBAI, Jan 30 (Reuters) - India's 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. (Reporting by Abhishek Vishnoi and Manoj Dharra; Editing by Prateek Chatterjee)


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