India's Monte Carlo Fashions hits record low on lacklustre results

Monte Carlo Fashions

21/05/2019 06:39

** Shares of Monte Carlo Fashions  MOCF.NS  hit their record
low, slip over 8% to 293.5 rupees a day after posting quarterly
results
    ** On Monday, the fashion retailer said its loss, for the
quarter ended March 31, widened to 188.5 mln rupees ($2.70 mln)
from 86.8 mln a year ago  urn:newsml:reuters.com:*:nFWN22W0HN
    ** Stock sees its worst session since Feb 21
    ** More than 51,500 shares traded, 1.8 times their 30-day
moving avg of about 29,250 shares
    ** Up to Monday's close, stock down 16.3 pct this year

($1 = 69.7525 Indian rupees)

 (Reporting by Chandini Monnappa in Bengaluru)
 ((chandini.m@thomsonreuters.com; +91-82-6749-7919; Reuters
Messaging: chandini.m.thomsonreuters.com@reuters.net))