Dish TV surges 10% after multiple large deals on NSE
New Update
By a Staff Reporter:
Shares of Dish TV India surged over 10% today and scaled a near two-year high of 19.70 rupees, after multiple large deals took place on the National Stock Exchange today, which were at a premium to the previous closing price.
However, profit booking trickled into the stock soon, pushing it off the day's high. At 1019 IST, the scrip was up by a mere 2% at 18.25 rupees. Several large deals aggregating to over 12 mln shares, representing nearly 0.7% stake in the company, took place in a range of 18.30-19.45 rupees, compared with Thursday's close price of 17.90 rupees.
The large deals pushed the total traded volumes in the counter to over 59 mln shares, which was nearly five times higher than the three-month average of 12.11 mln shares.
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