Sintex Industries gains after huge block deal

The stock moved higher by 3.5% to Rs 97.85 on BSE in intra-day trade

Sintex Industries gained 3.5% to Rs 97.85 on BSE after more than 1% of its total equity changed hands in a block deal.

At 1:44 pm; about 9.11 million equity shares representing 1.74% of total equity of Sintex Industries changed hands on the BSE, the exchange data shows.

The name of buyers and sellers not immediately ascertained.

At 2:54 pm; the stock was trading 3.4% higher at Rs 97.70 after hitting low of Rs 93.50 in intra-day trade on Friday. A combined 18.6 million shares changed hands on the counter on the BSE and NSE so far.