Press "Enter" to skip to content

NVB PLC Sells Idea Cellular Shares Worth Rs 280 Crore

Apr 17, 2018

According to the bulk deal data available with BSE, NVB PLC disposed of 3.92 crore shares, amounting to 0.90 per cent stake in the telecom operator.

IANS

Updated:April 17, 2018, 9:13 PM IST

Image for representation only.
New Delhi: NVB plc on Tuesday sold nearly four crore shares of telecom operator Idea Cellular for Rs 280.57 crore through an open market transaction.

According to the bulk deal data available with BSE, NVB PLC disposed of 3.92 crore shares, amounting to 0.90 per cent stake in the telecom operator.

The shares were offloaded at a price of Rs 71.5 apiece, valuing the transaction at Rs 280.57 crore, the data showed.

The buyer(s) of the shares could not be ascertained immediately.
Idea Cellular stock ended at Rs 71.40, up 0.21 per cent from the previous close on BSE.

Also Watch

  • Commonwealth 2018: A Look Back at India’s Journey in Gold Coast

    Commonwealth 2018: A Look Back at India’s Journey in Gold Coast

  • Toyota Yaris Review (First Drive) : Honda City, Maruti Suzuki Ciaz, Hyundai Verna Rival

    Tuesday 17 April , 2018 Toyota Yaris Review (First Drive) : Honda City, Maruti Suzuki Ciaz, Hyundai Verna Rival

  • 127th Birth Anniversary of Dr. B.R. Ambedkar

    Saturday 14 April , 2018 127th Birth Anniversary of Dr. B.R. Ambedkar

  • Karlmann King: World's Most Expensive SUV First Look

    Friday 13 April , 2018 Karlmann King: World’s Most Expensive SUV First Look

  • Kathua Horror: India Wants Justice

    Saturday 14 April , 2018 Kathua Horror: India Wants Justice

| Edited by: Bijaya Das

Source: News18

Published in Business