Tuesday, 16 February 2016

Idea Cellular drops 2.5%; launches 4G services in Hyderabad

The scrip opened at Rs. 111.95 and has touched a high and low of Rs. 112.1 and Rs. 105.7 respectively


Idea Cellular drops 2.5% to Rs.106 on BSE. The telecom service company launched 4G Lte Services in Hyderabad, as per media reports.

The scrip opened at Rs. 111.95 and has touched a high and low of Rs. 112.1 and Rs. 105.7 respectively. So far 2271444 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 39190.54 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 203.9 on 17-Apr-2015 and a 52 week low of Rs. 97.55 on 10-Feb-2016. Last one week high and low of the scrip stood at Rs. 112 and Rs. 97.55 respectively.

The promoters holding in the company stood at 42.24 % while Institutions and Non-Institutions held 29.43 % and 28.34 % respectively.

The stock is currently trading above its 200 DMA.

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