Wednesday, 14 January 2015

Tata Teleservices stock hits 20% upper circuit

Shares of Tata Teleservices (Maharashtra) hit 20% upper circuit at Rs 10 after report said that Reserve Bank of India (RBI) approved the offer for buyback of DoCoMo's stake in the company.

The stock has hit a high of Rs10 and a low of Rs9.

Report said that RBI has agreed to Tata group proposal to buy back DoCoMo's 26.5 per cent stake in Tata Teleservices.

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