Bharti Infratel shares rise 1% to Rs 318 after block deals

The stock recovered 2% from intra-day low of Rs 312 on the BSE.

Shares of Bharti Infratel were trading firm, up 1 per cent, at Rs 318 in intra-day trade on the BSE after nearly one per cent of the total equity of the company changed hands via block deals.

The stock telecom tower company recovered 2 per cent from its intra-day low of Rs 312 on the BSE. In comparison, the benchmark S&P BSE Sensex was up marginally by 0.04 per cent at 38,041 points.

Around 16 million equity shares representing 0.86 per cent of the total equity of Bharti Infratel changed hands through block deals, BSE data shows. The name of