Block deal in Max India; stock up nearly 3%

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Block deal in Max India; stock up nearly 3%

There was a block deal of 40 lakh (1.5% equity) Max India shares on BSE at Rs 155 per share, reports CNBC-TV18.

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There was a block deal of 40 lakh (1.5% equity) Max India shares on BSE at Rs 155 per share, reports CNBC-TV18.

At 09:24 hrs the share was quoting at Rs 164, up Rs 4.50, or 2.82%. It touched an intraday high of Rs 164.80 and an intraday low of Rs 155.

It was trading with volumes of 4,078,931 shares. In the previous trading session, the share closed up 5.80% or Rs 8.75 at Rs 159.50.

The share touched its 52-week high Rs 214.75 and 52-week low Rs 137.00 on 20 Sep, 2011 and 25 Feb, 2011, respectively. Currently, it is trading -23.63% below its 52-week high and 19.71% above its 52-week low. Market capitalisation stands at Rs 4,338.93 crore.