Avenue Supermarts, Tech Mahindra gain after block deals
Shares of Avenue Supermarts, which owns and operates D-Mart
retail chain, and IT consulting & software company Tech Mahindra
have moved higher by upto 6% on the bourses after the huge block deals executed on these counters.Tech Mahindra
was up 5% at Rs 497, bouncing back 6% from early morning low on the National Stock Exchange (NSE). Till 01:51 PM; around 6.35 million equity shares representing 0.65% stake in the company changed hands on the NSE, the exchange data shows.
too moved higher by 5% to Rs 1,176 on the BSE in intra-day trade, after more than two million shares changed hands through block deals. Around 2.2 million shares or 0.35% of total equity of the company changed hands so far, the BSE data shows.
The name of the buyers and sellers were not ascertained immediately.
Follow Us on TwitterTech Mahindra 497 bouncing back from early morning NSE while Avenue Supermarts moved higher 1176 intra-day trade.