Tuesday 16 December 2014

Godrej Consumer slides on block deal

Godrej Consumer suddenly witnessed a sharp fall on the BSE, after a block deal of 8.35 lakh equity shares - which was executed at Rs. 900 per share at the counter on the BSE today.

So far, the stock has slipped over 6 per cent from the highest point of the day at Rs. 910 to touch a high of Rs. 855.

Currently, Godrej Consumer is down over 5 per cent (Rs. 46) at Rs. 856. The counter has seen trades of around 842,000 shares on the BSE, as against the daily average volume of 74,000 shares in the past two weeks.

Meanwhile, the BSE Sensex is trading with a significant loss of 336 points at 26,983.

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