GMM Pfaudler tanks 11%, hits 52-week low after huge block deal
Around 5.92 million equity shares representing 13 per cent of total equity of GMM Pfaudler changed hands at the counter on the BSE, the exchange data shows.
Shares of GMM Pfaudler hit a 52-week low of Rs 1,350, as they slipped 11 per cent on the BSE in Friday’s opening trade after over 10 per cent of its equity changed hands on the counter via block deal. The stock of industrial products fell below its previous 52-week low of Rs 1,375.05 touched on August 16.
Around 5.92 million equity shares representing 13 per cent of total equity of GMM Pfaudler changed hands at the counter on the BSE, the exchange data shows.
Shares of GMM Pfaudler hit a 52-week low of Rs 1,350, as they slipped 11 per cent on the BSE in Friday’s opening trade after over 10 per cent of its equity changed hands on the counter via block deal. The stock of industrial products fell below its previous 52-week low of Rs 1,375.05 touched on August 16.