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FOSECOIND — Foseco India News Story

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Foseco India dips after quarterly profit falls

** Shares of Foseco India Ltd FSCO.NS fall as much as 3.1% to 4,703 rupees
** Foundry supplier reported a 35.5% fall in Q4 consol net profit to 126 mln rupees ($1.4 mln); total expenses up ~30%
** Stock on track to snap 2 days of losses
** More than 1,500 shares traded as of 11:47 A.M. IST, over their 30-day moving avg of 1,193 shares
** FSCO last down 2.1%, adding to YTD losses of 2.4%

($1 = 90.8670 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))

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