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Hutchison Max stake sale fails to cheer Hinduja TMT

DALAL STREET SPIKES

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Our Markets Bureau Mumbai
Last Updated : Mar 01 2013 | 2:40 PM IST
 
The stock, in the intra-day, touched a high of Rs 345 on announcement, but slipped from the higher levels to finally close at Rs 326.45, down 0.94 per cent from its previous close. More than 2.5 lakh shares changed hands on the BSE.
 
The stock has bounced back in recent times. Form a low of Rs 292.05 on 24 January, 2005, the scrip has touched an intra-day high of Rs 346.60, up more than 18 per cent.
 
Hinduja TMT is the business process outsourcing and call centre arm of the Hinduja group. The company also offers IT services. The company reported a flat net profit of Rs 22.68 crore for the quarter ended December 2004 as compared to Rs 22.55 crore during the same period last year.
 
 

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First Published: Feb 16 2005 | 12:00 AM IST

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