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Tate Tele up on Docomo inputs

Tata Teleservices gains after reports that NTT Docomo will raise stake in next four months.

Shares of Tata Teleservices Maharashtra gained on back of a report that Japanese giant NTT Docomo is set to discuss an option of increasing its stake in parent Tata Teleservices to 35 per cent in next four months,two institutional dealers said.

Tata Teleservices and NTT Docomo directly hold 37.65 per cent and 12.12 per cent in the company,respectively. At 10:05 AM,shares of Tata Teleservices Maharashtra were up 2.9 per cent at 14.05 rupees.

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  • Markets News Tata Teleservices
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