November 22, 2012 / 4:07 AM / 5 years ago

Hindustan Copper shares slump on govt stake sale plan

People walk pass the Bombay Stock Exchange (BSE) building displaying India's benchmark share index on its facade, in Mumbai September 30, 2009.Punit Paranjpe/Files

MUMBAI (Reuters) - Shares of Hindustan Copper (HCPR.NS) fell as much as 6.4 percent after the government said it would sell a 4 percent stake in India's third-largest copper producer on Friday.

Hindustan Copper shares were down 1.4 percent at 235.90 rupees as of 09:22 a.m. in volatile trading.

Reporting by Rafael Nam; Editing by Subhranshu Sahu

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