Meanwhile, the BSE Sensex was up 25.46 points, or 0.14%, to 18,475.69
On BSE, 88,061 shares were traded in the counter as against an average daily volume of 4.25 lakh shares in the past one quarter.
The stock hit a high of Rs 103.45 and a low of Rs 101.10 so far during the day. The stock had hit a 52-week high of Rs 124 on 16 January 2013. The stock had hit a 52-week low of Rs 71.20 on 24 April 2012.
The stock had underperformed the market over the past one month till 5 April 2013, sliding 9.23% compared with the Sensex's 3.62% fall. The scrip, however, outperformed the market in past one quarter, declining 5.88% as against Sensex's 6.74% fall.
The large-cap company has an equity capital of Rs 3314.32 crore. Face value per share is Rs 10.
The Income Tax Department slapped a tax notice on Idea Cellular and its subsidiary, Aditya Birla Telecom, over transfer of assets and licences between the two companies in 2009. The tax notice is reported to be for Rs 3900-crore. Idea Cellular said on Friday, 5 April 2013, that it believed the demands were unjustified and based on erroneous interpretation of current tax laws. Idea is evaluating options including challenging the tax demand, the company added.
Idea Cellular's consolidated net profit rose 13.7% to Rs 228.57 crore on 11% growth in net sales to Rs 5572.16 crore in Q3 December 2012 over Q3 December 2011.
Idea Cellular is India's 3rd largest mobile operator, with over 117 million subscribers.
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