Max India gains on huge block deal

Max India has surged 6% to Rs 366 on the BSE in early morning trade after a huge block deal was executed in the counter.

At 09:15 AM, around 26.57 million equity shares representing 10% of total equity of Max India changed hands at price of Rs 363.30 per share, the BSE data shows.

The name of the buyer and seller of the equity shares was not immediately ascertained.

At 09:28 AM, the stock was up 3.7% at Rs 359 on the BSE.

 

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel