InterGlobe Aviation shares fall most in 22 months as profit plunges

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Shares of InterGlobe Aviation Ltd sank as much as 14.7% in their biggest daily percentage loss since July 2016. The stock hits lowest in nearly 3 months. The parent company of India’s top carrier IndiGo on Wednesday declared that its Q4 profit slumped 73% to Rs 118 crore, hurt by higher expenses and surging fuel costs.
Read more at Hindustan Times.

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