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Idea Cellular gains after bulk deal

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rose 2.19% to Rs 74.60 at 14:03 on after a bulk deal of 5 lakh shares was executed on the scrip at Rs 74.15 per share at 10:45 on

Meanwhile, the S&P Sensex was down 21.28 points or 0.08% at 28,029.60

Bulk deal boosted volume on the scrip. On BSE, so far 12.62 lakh shares were traded in the counter as against average daily volume of 9.21 lakh shares in the past one quarter. The stock hit a high of Rs 74.75 and a low of Rs 72.60 so far during the day. The stock had hit a 52-week high of Rs 153.50 on 21 October 2015. The stock had hit a 52-week low of Rs 71.25 on 18 October 2016. The stock had underperformed the market over the past 30 days till 18 October 2016, falling 13.86% compared with Sensex's 2.04% fall. The scrip also underperformed the market in past one quarter, sliding 30.77% as against Sensex's 0.48% rise.

The large-cap company has equity capital of Rs 3601.03 crore. Face value per share is Rs 10.

Idea Cellular's consolidated net profit slumped 74.21% to Rs 220.42 crore on 7.22% rise in total income to Rs 9552.45 crore in Q1 June 2016 over Q1 June 2015.

is one of the leading telecom operators in India. It is a part of the Aditya Birla Group.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 19 2016. 14:05 IST