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Edelweiss Financial Services shares rise 4% despite three block deals

Edelweiss Financial Services shares rise 4% despite three block deals

Friday, March 10, 2017, 11:26 AM

Shares of Edelweiss Financial Services Ltd on Friday, opened sharply lower after three block deals, but they recovered soon and jumped 4%. The company witnessed three block deals in which around 70.10 million shares or 8.4% stake of the company changed hands. In the opening trade, the stock fell as much as 5% to touch a low of Rs 127.25 a share.
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