IDFC Bank tanks 3.6% after huge block deal

India Infoline News Service | Mumbai | November 30, 2016 13:15 IST

According to TV reports, 4.3 crore shares have changed hands in a single block deal.

IDFC Bank
IDFC Bank Ltd  is currently trading at Rs 68.5, down by Rs 2.55 or 3.59% from its previous closing of Rs 71.05 on the BSE. According to TV reports, 4.3 crore shares have changed hands in a single block deal.

The scrip opened at Rs 69.75 and has touched a high and low of Rs 69.85 and Rs 68.55 respectively. So far 99872747 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 24126.04 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 83.45 on 28-Sep-2016 and a 52 week low of Rs 43.15 on 21-Jan-2016. Last one week high and low of the scrip stood at Rs 71.95 and Rs 68.1 respectively.

The promoters holding in the company stood at 52.94 % while Institutions and Non-Institutions held 35.38 % and 11.68 % respectively.

The stock is currently trading below its 50 DMA.

***Note: This is a NSE Chart

 

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