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Indigo shares crash after disappointing Q1

Jul 31, 2018 18:55 IST

Shares of InterGlobe Aviation Ltd crashed to a 16-month low following a 97% decline in its Q1 net profit due to higher fuel prices. Indigo shares fell 7.5% on Tuesday, closing at Rs 929 on the BSE. Indigo has lost 23% of its valuation this year.

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