India's Take Solutions plunges after June-qtr loss

Take

15/09/2020 06:58

** Software services provider's shares  TAKE.NS  fall as
much as 11.7% to 43.9 rupees, biggest intraday pct fall since
March 12 
    ** Co reports June-qtr loss of 2.41 bln rupees ($32.82
million) vs profit of 460.8 mln rupees a year ago  urn:newsml:reuters.com:*:nFWN2GB0PV
    ** Approves selling its unit for 174 mln rupees and
initiates liquidation of German business  urn:newsml:reuters.com:*:nFWN2GB0KU 
    ** 1.2 mln TAKE shares change hands in session, about the
same as their 30-day average volume
    ** Stock lost over half its value since the start of the
year, as of last close


($1 = 73.4300 Indian rupees)

 (Reporting by Derek Francis)
 ((Derek.francis@thomsonreuters.com))