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Tata Communications tanks 8% on weak Q3 result, govt stake sale report

The government may reportedly sell its entire 26.12 per cent stake in the company through offer for sale and strategic sale route in the current fiscal

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Tata Communications | Buzzing stocks | Markets

SI Reporter  |  Mumbai 

Tata Group
Despite, today’s fall, the stock of Tata Communications has rallied 50 per cent in the past six months

Shares of Tata Communications, erstwhile VSNL, slumped 8 per cent to Rs 1,040 on the BSE in the intra-day trade on Wednesday on report that the government could sell its entire 26.12 per cent stake in the company through offer for sale and strategic sale route in the current fiscal.

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First Published: Wed, January 20 2021. 13:30 IST
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