Bharti Infratel rebounds 5% from intraday low

The stock moved higher by 3% to Rs 442, bouncing back 5% from its early morning low of Rs 419 on the BSE.

Bharti Infratel moved higher by 3% to Rs 442, bouncing back 5% from its early morning low of Rs 419 on the BSE, after a huge block deal was executed on the counter.  On Monday, the stock ended 3% higher at Rs 430.

At 12:23 PM; about 5.78 million equity shares representing 0.31% of total equity of Bharti Infratel changed hands on the BSE, the exchange data showed.

Between October 25 and October 27, in three trading sessions, nearly 95% of the total traded shares turned into delivery. The stock was down 7.5% during the period from Rs