Reuters Market Eye - 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.
(Reporting by Indulal PM)