STC India share price tanked 5 per cent intraday on the NSE today. It was only in the beginning of this month that the stock was trading at its two-year high. At the end of day, almost 4 lac shares changed hands on the NSE counter having a traded value of Rs 735.31 lac. STC India share price closed trading at Rs 182.10 on the NSE today.
During the end of the December quarter, the stock has zoomed 97 per cent from Rs 117 on 19th December. On 23rdDecember, 2016, Smithblock Financial Services bought 4 lac shares of STC India at Rs 142.25 per share on the NSE, the bulk deal data shows.
The company has a paid up equity capital of Rs 60 cr, with 90 per cent of the holding with the Central and State governments. The remaining 10 per cent stakes are with individual shareholders (6.17 per cent), insurance companies (1.92 per cent) and bodies corporate (1.77 per cent).
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