The stock gained 3.44 per cent to end at Rs 6.02 on BSE. During the day, it went up by 5.84 per cent to Rs 6.16.
On NSE, the stock rose by 3.44 per cent to close at Rs 6.
On the volume front, 14.12 lakh shares of the company were traded on BSE and over 42 lakh shares changed hands at NSE during the day.
Post divestment, G V Sanjeev Reddy would continue to be Managing Director of BIAL and GVK Reddy as Co-Chairman of the company, the statement said.
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