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Saturday, Jan 07, 2006


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Nelco stock dips

BL Research Bureau

DESPITE announcements during market hours that Nelco had become of subsidiary of Tata Power through a stake acquisition, the stock dipped on the back of gains in the previous three trading sessions. The stock has gained about 210 per cent since the beginning of November 5 when it was trading at Rs 55. The stock has by far outperformed the Sensex during this period.

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