NEW YORK ( TheStreet) -- Rediff.com India (Nasdaq: REDF) is trading at unusually high volume Tuesday with two million shares changing hands. It is currently at four times its average daily volume and trading down $2.46 (-22.5%) at $8.47 as of 1:26 p.m. ET.

Rediff.com India has a market cap of $206.5 million and is part of the technology sector and internet industry. Shares are up 106.6% year to date as of the close of trading on Monday.

Rediff.com India Limited provides online Internet based services in India and to the global Indian community.

TheStreet Ratings rates Rediff.com India as a sell. Among the areas we feel are negative, one of the most important has been unimpressive growth in net income over time. You can view the full Rediff.com India Ratings Report.

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