Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 April, 2024 11:16 IST
Idea Cellular falls after reporting loss in Q4
Source: IRIS | 15 May, 2017, 02.09PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Idea Cellular witnessed a fall in share price on Monday after the company swung to a loss for the quarter ended March 2017.  During the quarter, the company reported a loss of Rs 3,277 million compared with a profit of Rs 4,517 million  in the same quarter last year.

Revenues for the quarter declined 13.75% to Rs 81,945 million, compared with Rs 95,007 million for the prior year period.

Shares of Idea Cellular  are trading at Rs 85.00, down Rs 7.3, or 7.91%  at the Bombay Stock Exchange (BSE) on Monday at 1:54 p.m.

The scrip has touched an intra-day high of Rs 93.25 and low of Rs 84.65. Total volume of shares traded on the bourses today was higher by 206.29% to 30,706,075 compared with 22-day average volume of 10,025,235.

 Post Comment
Name Email
Comment
Security Code type    into this box
ActiveStock
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer