Sunday, 17 August 2014

MARKET EYE -India's SpiceJet shares jump on June quarter oper profit

* Low-cost carrier SpiceJet jumps 13.5 percent after April-June results. * June quarter operating profit at 90 million rupees ($1.48 million) before restructuring and certain one-off costs, helps the rally. * Traders say it's a positive surprise compared to expectations of an operating loss. (1 US dollar = 60.7650 Indian rupee) 

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