/ Idea Cellular Top Gainer In S&P 100 ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 31 January 2017


Idea Cellular continued its gaining spree on Tuesday, January 31 as well, the stock being the highest gainer on the BSE S&P 100 index. The stock witnessed a spurt in volumes by more than 8.36 times, and has gained over 10% intraday.

Idea Cellular's stock has set the Street on fire, as the London based entity, Vodafone, on January 30 confirmed the news that it was in discussions with them for a merger.  

On a year on year basis, the stock of the company has given a return of 6.01%.Reliance Mutual Fund, Franklin Templeton Mutual Fund and HDFC Mutual Fund are the top fund houses which have invested in the stock. Idea Cellular Ltd closed at Rs 110.2, up by Rs 12.25 or 12.51% from its previous closing of Rs 97.95 on the BSE.

The scrip opened at Rs 101 and has touched a high and low of Rs 118.9 and Rs 97.95 respectively. So far 307959739(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 35278.55 crore.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 128.05 on 28-Apr-2016 and a 52 week low of Rs 66 on 09-Nov-2016. Last one week high and low of the scrip stood at Rs 100.5 and Rs 73.2 respectively.

The promoters holding in the company stood at 42.45 % while Institutions and Non-Institutions held 31.22 % and 26.33 % respectively. The stock is currently trading above its 200 DMA.

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