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Petronet falls on ADB share sale

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Reuters

Reuters Market Eye - Petronet LNG Ltd falls 1.6 percent.

Asian Development Bank launched a share sale in the gas supplier to raise up to $120 million.

Traders say the share sale would likely be done at a discount to Thursday's closing price of 192.85 rupees.

(Reporting by Abhishek Vishnoi)

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First Published: Sep 26 2014 | 10:27 AM IST

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