Share Market News: Indus Tower and CG Powers Block Deal With Discounted Market Size

Share Market News: On Tuesday, there will be an investment in two shares in the share market. As soon as the markets open on May 21, two companies Indus Tower and CG Power are going to have a block deal.  According to CNBC, there is a deal of 80 lakh shares in Indus Tower. The size of this deal has been tagged as around Rs 270 Cr. On the other hand, the block deal of CG Power is expected to be Rs 425 Cr. It is expected that this deal will be discounted by 2-3% from the market size. 

Shares, Returns, and Fluctuations 

CG Power’s share was closed on Friday at 653, while the share of Indus Tower was closed at 343. CG Power has sold 25,000 shares to investors in a month. In a year, the share price has been reduced by 5.39% and 54.23% in three months.