Bharti Airtel shares decline after Singtel block sale
after close1 source ↓written by the desknot a recommendation
- in intra-day trading
- 4.48%
- after a block
- ₹2,001
- block sale
- 5.1 crore shares
- valued at approximately
- ₹10,300 cr
- floor price
- ₹2,030
Bharti Airtel shares fell 4.48% in intra-day trading, hitting a low of ₹2,001 after a block sale of 5.1 crore shares. The transaction, valued at approximately ₹10,300 cr, was executed at a floor price of ₹2,030, reflecting a 3.1% discount to the previous close of ₹2,095. This offloading by Singtel involved about 0.8% of its stake in the telecom operator.
Not investment advice. For informational purposes only.