Whirlpool of India shares surge 20% on stake sale news
after close1 source ↓written by the desknot a recommendation
- to ₹865.35
- 20%
- which holds
- 39.76%
- to below
- 75%
- to below
- 40%
Whirlpool of India shares surged 20% to ₹865.35, hitting the upper circuit limit, following reports of a potential stake sale by promoter Whirlpool Mauritius, which holds 39.76%. Trading was halted due to the sharp rise. Over the past three years, Whirlpool Mauritius has reduced its stake from 75% to below 40%.
Not investment advice. For informational purposes only.