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Video: All you need to know about Crompton Greaves results

The Avantha Group company posted a consolidated loss of Rs 107 crore in Q3 due to lower revenue and weak operational performance. Profit stood at Rs 274.3 crore in year-ago period and Rs 52.14 crore in preceding quarter.

February 03, 2016 / 16:52 IST
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Investors offloaded equity shares of Crompton Greaves today following losses, provision for impairment of value of subsidiaries and slump in order inflow during December quarter. Even the immediate step down of MD and CEO impacted the stock that crashed 28.5 percent intraday.The video looks at some of the reasons why the stock crashed on wednesday.(Video: Vineet Abraham and Sanjit Oberai)

TAGS: #Crompton Greaves #Q# #Result Analysis #Results #Sensex
first published: Feb 3, 2016 04:48 pm

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