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

Hindustan Copper shares slump on govt stake sale plan

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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