Idea Cellular Down By Over 5% Drags The BSE Telecom Index

The stock of Idea Cellular is trading down by over 5%, on Monday, 15 May 2017, dragging down the BSE telecom index.

The stock has attracted traded volume of 98,06,946 shares and traded value of Rs 88.54 Cr as of around 1050 hours on Monday. The stock has been witnessing around 20% of deliverable quantity to traded quantity in the past five trading sessions. It has hit an intraday low of Rs 88.25 down by 6%.

The BSE telecom index was trading at Rs 1305.67, down by Rs 5.77 or 0.49%, where Idea Cellular is the major contributor to the fall of BSE telecom index.

Other telecom stocks are also trading in red including, Bharti Infratel Limited, Reliance Communications Limited and Tata Teleservices (Maharashtra) Limited.

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