IIFL estimates the largest telecom company to post net profit of Rs. 1133.5 crore, registering a decline of 21.1 % on Y-o-Y basis and 25.6 % on Q-o-Q basis.
IIFL estimates the largest telecom company to post net profit of Rs. 1133.5 crore, registering a decline of 21.1 % on Y-o-Y basis and 25.6 % on Q-o-Q basis.
Also, according to TV reports, 14.8 lakh shares have changed hands in a two block deals at Rs.290-292.25 on the NSE.
The scrip opened at Rs. 295 and has touched a high and low of Rs. 295.75 and Rs. 291.5 respectively. So far 2442964(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 119082.55 crore.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 452.45 on 21-Jul-2015 and a 52 week low of Rs. 291.7 on 22-Jan-2016. Last one week high and low of the scrip stood at Rs. 312 and Rs. 291.7 respectively.
The promoters holding in the company stood at 65.62 % while Institutions and Non-Institutions held 25.4 % and 8.93 % respectively.
The stock is currently trading above its 200 DMA.
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