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Tata Comm gains on stake sale buzz

This article was posted on Jun 18, 2009 and is filed under Stock News

At 13:00pm (IST), shares of Tata Communications have gained by 1% to Rs475.

Shares of Tata Communications have gained by 1% to Rs475 following reports that the company may sell a minority stake in Tata Communication Internet Services to rope in a strategic partner with proven experience in Wi-Max operations.

The scrip has touched an intra-day high of Rs481 and a low of Rs468 and has recorded volumes of over 0.38mn shares on NSE.

source: Indiainfoline

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