Shares of The Byke Hospitality have dipped 10% to Rs 148, also its 52-week low on the National Stock Exchange (NSE), after huge block deals were executed in the counter.
A combined 5.36 million shares representing 13.4% of total equity of Byke Hospitality have changed hands on the NSE and BSE.
The name of buyers and sellers are not immediately ascertained.
The Byke Hospitality, formerly Suave Hotels operates hotels and restaurants in Goa, India. The company also provides travels and tourism industry services.
At 11:26 am, the stock was down 6.6% at Rs 153 on the NSE.
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