BUZZ-India's Mastek rises on report of promoters considering stake sale at premium

Reuters12-02

** Mastek MAST.NS rises as much as 5.8% to 2,318 rupees; set to snap three straight sessions of losses

** Technology solutions provider's promoters exploring sale of ~20% stake, per CNBC-TV18 report

** Promoters seeking up to 25% premium over current market price, report adds

** Stock rated "buy" on average; median PT at 2,757.5 rupees, per data compiled by LSEG

** MAST last up 1.6%, taking YTD losses to 25.5%

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))

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