Bharti Airtel trades flat; Motherson Sumi gains after block deal - Highlight Investment Research

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Thursday, 27 June 2019

Bharti Airtel trades flat; Motherson Sumi gains after block deal

Shares of Bharti Airtel erased morning gains to trade lower on the NSE.. The company's ~14.7 lakh shares changed hands in a block deal, as per media reports.
 

Also, shares of Motherson Sumi Systems gained 2% after ~45.4 lakh shares of the company changed hands in two block deals.

 

Stock view:

 

Bharti Airtel Ltd is currently trading at Rs344.75 down by Rs0.6 or 0.17% from its previous closing of Rs345.35 on the BSE.

 

The scrip opened at Rs345.50 and has touched a high and low of Rs349.50 and Rs342.20 respectively. So far 25,65,903 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs1,77,198.78cr.

 

Motherson Sumi Systems Ltd is currently trading at Rs120.80 up by Rs1.9 or 1.6% from its previous closing of Rs118.90 on the BSE.

 

The scrip opened at Rs119.25 and has touched a high and low of Rs121.50 and Rs118.25 respectively. So far 98,42,864 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs37,547.84cr.

 

NIFTY TRADING TIPS

 

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