Whirlpool Of India Shares Slide Over 11%, Block Deal Of 1.5 Crore Shares Sparks Sharp Market Reaction

Mumbai: Whirlpool of India saw its shares drop sharply by 11 percent on Thursday, November 27, after a massive 1.5 crore shares—equal to 11.8 percent of the company’s equity—were traded through a block deal. The stock fell to around Rs 1,076.8 in early trade. This decline follows a month in which the stock has already lost 22.6 percent, and a year where the total fall now stands at over 40 percent.

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