Spice Communications (Spice) vaulted 33.12 per cent to Rs 72.35 after Idea Cellular, the country's fifth-largest mobile operator in terms of subscribers, said it would buy 40.8 per cent stake in the company for Rs 2,175.91 crore, or at Rs 77.30 per share.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The deal would help Idea consolidate its position with its subscriber market share increasing from 9.5 per cent to 11.1 per cent. The deal would give it a foothold in Punjab and Karnataka. 
</p><p class='TableClas'>The counter witnessed trading volumes of 4,88,00,000 shares (4.6 times its two-week average volume). The stock hit a new 52-week high on Wednesday at Rs 73.40; its 52-week low being at Rs 23.25 on January 22. </P></p><p class='TableClas'></p></table>


Spice rings louder on Idea stake plan

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