Cairn India has slipped 2.8 per cent to Rs 336 on the Bombay Stock Exchange (BSE) on block deal. According to reports, Cairn Energy had planned to sell an 8 per cent stake in India-focused oil explorer, Cairn India, in a deal that could raise up to $940 million.
The stock opened at Rs 327 and touched an intra-day high of Rs 341.20. As many as 2,696,829 shares have been traded on the BSE and around 160,972,883 shares have changed hands on the National Stock Exchange (NSE).
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