India's HT Media plunges on dismal qtrly results

HT Media

18/07/2018 10:58

** Shares of HT Media Ltd  HTML.NS  fall as much as 16.3 pct
to 60.15 rupees in afternoon trade
    ** Co's standalone June-qtr profit plunges ~80 pct, revenue
declines marginally  urn:newsml:reuters.com:*:nFWN1UE0BJ
    ** Stock posts biggest intraday pct loss since Jan 2009
    ** Over 1.74 mln shares change hands vs 30-day avg volume of
101,928 
    ** Stock has fallen ~40 pct this year as of last close

 (Reporting by Sharnya G in Bengaluru)
 ((Sharnya.G@thomsonreuters.com; +91 806749 1480; Reuters
Messaging: sharnya.g.thomsonreuters.com@reuters.net))