Kingfisher shares slip after announcement of Dec quarter loss

Kingfisher shares slipped more than 4 per cent in morning trade on Tuesday after the grounded carrier posted a loss of Rs 755 crore for the quarter through December 31. At quarter past ten in the morning, stock in Kingfisher Airlines Ltd was trading at Rs 11.99 a share, down 4.4 per cent from the previous day’s close. The stock touched intra-day low and high of Rs 11.70 and Rs 13.45 a share, respectively. read more

Kingfisher shares slipped more than 4 per cent in morning trade on Tuesday after the grounded carrier posted a loss of Rs 755 crore for the quarter through December 31. At quarter past ten in the morning, stock in Kingfisher Airlines Ltd was trading at Rs 11.99 a share, down 4.4 per cent from the previous day’s close. The stock touched intra-day low and high of Rs 11.70 and Rs 13.45 a share, respectively. read more

[via Stock Watch – Stock Specific News]

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