India's GIC Housing Finance falls most in 2-1/2 months on Q2 loss

GIC Housing Finance

04/11/2019 06:00

** Shares of GIC Housing Finance  GICH.NS  fall as much as
7.8% to 160.40 rupees, their biggest intraday percentage fall
since Aug 21
    ** The housing finance provider on Friday posted a net loss
of 99.7 mln rupees ($1.41 mln) versus a profit of 462 mln rupees
last year  urn:newsml:reuters.com:*:nFWN27H0G1
    ** About 154,243 shares change hands vs 30-day avg of about
239,424 shares
    ** Stock down 34% this year, as of last close

    ($1 = 70.6930 Indian rupees)

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8067496031); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))