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3 months ago
BUZZ-India's InterGlobe Aviation falls on lower quarterly profit
May 10, 2017 / 4:39 AM / 3 months ago

BUZZ-India's InterGlobe Aviation falls on lower quarterly profit

** Shares of InterGlobe Aviation Ltd, owner of the country's largest airline, IndiGo, fall as much as 3.4 pct

** Co posts nearly 25 pct fall in quarterly profit on Tuesday, hurt by rising fuel costs

** "IndiGo posted weak Q4 results as yields failed to offset the cost pressures," Morgan Stanley analysts write

** Co posts biggest intraday pct fall since April 21

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