India's Pritish Nandy Communications gains after Ratan Tata buys stake

PNC Media and Entertainment

15/03/2021 07:44

** Shares of the film production company  PNCL.NS  rise as
much as 9.79% to 23.55 rupees 
    ** Says Ratan Tata, chairman emeritus of Tata Sons and
chairman of Tata Trusts, has bought a stake in co in his
personal capacity https://bit.ly/3bMLwQk
    ** Co also says he bought the stake through market purchases
last week 
    ** PNCL did not disclose the financial terms 
    ** Stock is down 15.88% this year, as of last close 

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))