India's Intellect Design Arena jumps on block deals at premium

Intellect Design Arena

26/12/2024 06:39

** Software development co Intellect Design Arena  INEE.NS 
jumps 12.5% to 1,029.60 rupees, highest in about three months
    ** More than 305,000 shares traded in four block deals in
the range of 1,003.50-1,027.70 rupees - LSEG data
    ** Block deals at 9.6%-12.3% premium to Tuesday's close;
markets were shut on Wednesday for the Christmas holiday
    ** Overall, ~14 mln shares traded, ~11x the 30-day avg
    ** INEE up ~23% YTD


 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))