Bharti Telecom to sell 2.75% stake through block today
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Shares of Bharti Airtel tanked 5 per cent in Tuesday's trade as parent Bharti Telecom was looking to raise $1 billion by selling shares in the mobile phone operator through a block deal at Rs 558 a unit, according to a term sheet of the planned sale seen by ET. The deal price was 6 per cent discount to Friday closing price of Rs 593.20. Markets were closed on Monday on account of Eid. On Tuesday, the stock fell 5.37 per cent to hit a low of Rs 561.10 on BSE. Watch the video to know more! #AirtelBlockDeal Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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