Idea Cellular hits fresh 52-week high

Idea Cellular hits fresh 52-week high

Shares of Idea Cellular have moved higher by 6% to Rs 184, also its fresh 52-week high on the National Stock Exchange (NSE), in an otherwise weak market.

In past two-trading sessions, the stock 8% after the telecom services provider announced the launch of its 3G services on 900 MHz spectrum band in Delhi circle. The CNX Nifty falls 2.3% during the same period.

The stock opened at Rs 173 and has seen a combined 18.08 million shares changing hands on the counter till late noon deal on the NSE and BSE.