 "Jubilant FoodWorks dips after block deal")
Jubilant FoodWorks has dipped 5% to Rs 1,265 on the National Stock Exchange (NSE) in early morning trade after a huge block deal was executed in the counter.
About 2.39 million equity shares representing 3.63% of total equity of Jubilant FoodWorks have changed hands, the NSE data shows. The name of the buyers, sellers are not immediately known.
Thus far in 2016, the stock has fallen 15% as compared to a marginal 0.2% decline in the benchmark Nifty 50 index.
At 09:52 am, the stock was down 3.5% at Rs 1,286 on the NSE.
About 2.39 million equity shares representing 3.63% of total equity of Jubilant FoodWorks have changed hands, the NSE data shows. The name of the buyers, sellers are not immediately known.
Thus far in 2016, the stock has fallen 15% as compared to a marginal 0.2% decline in the benchmark Nifty 50 index.
At 09:52 am, the stock was down 3.5% at Rs 1,286 on the NSE.
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