Tata Communications shares down on weak results

Shares in Tata Communications Ltd fall more than 3 percent after the company reported a 213.8 million loss in the June quarter.

Shares in Tata Communications Ltd fall more than 3 percent after the company reported a 213.8 million loss in the June quarter.

Results were below expectations, said an institutional trader at a local brokerage.

Further, the stock has run up 28 percent in the April-June quarter.

Shares in the company were down 2.7 percent at 12:31 p.m.

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