Crompton Greaves Drops 7.84% on Dec Quarter Loss

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January 30, 2013 5:45 PM EST

Crompton Greaves Ltd(CROM.NS) 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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