The stock slipped to a low of Rs 284 and finally ended at Rs 285, down 9% from its previous close. The counter witnessed trades of 500,800 shares on the BSE.
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(Updated at 0949hrs)
Bharti Airtel has declined 3% as the Zain Telecom board has accepted around Rs 51,000 crore offer from Bharti Airtel to buy its African assets.
The stock opened at Rs 319 and advanced to a high of Rs 324. The scrip is now trading at Rs 303, down 3.5% each. The counter has clocked volumes of 704,000 shares on the BSE.
Click here to read more: Zain accepts Bharti's offer for African assets