HomeStock MarketAfter news of a 283-cr block deal, Indigo Paints' stock drops by...

After news of a 283-cr block deal, Indigo Paints’ stock drops by 6%.

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  • In the early hours of Wednesday, shares of Indigo Paints fell by 6% after 21 lakh shares, or 4.4% of the company’s ownership, purportedly changed hands at a price of 1,384 per unit.
  • The transaction is worth 283 crore rupees.
  • On the National Stock Exchange, Indigo Paints’ stock was down 5.20% at 1,414.90 per share at 11:07 a.m. The 52-week low of the stock is $1,331 per share.

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