MUMBAI Jan 18 India's Hero MotoCorp shares fell as much as 4.8 percent after the company reported lower-than-expected Oct-Dec earnings on Thursday.
India's largest motorcycle maker missed estimates for the fourth straight quarter as net profit fell 20.4 percent on rising costs and falling sales that battered margins. (Reporting by Abhishek Vishnoi; Editing by Anand Basu)
Trending On Reuters
InterGlobe Aviation Ltd, which owns the country's biggest airline IndiGo, on Tuesday filed a draft prospectus for an initial public offering (IPO) to list on the domestic stock market and cash in on a booming air travel market. Full Article
India's infrastructure output rebounds in May, posts fastest growth in 6 months. Full Article