Stocks tank as anchor lock-in ends; Krsnaa, Windlas and Devyani shed 3-4%

Shares of Krsnaa Diagnostics, Windlas Biotech and Devyani International declined 3-4 per cent on Monday amid selling by institutional investors.

The 30-day lock-in for anchor investors ended on Monday for these three companies and also Exxaro Tiles. Shares of Exxaro Tiles managed to buck the trend, soaring close to 10 per cent.

All the four stocks had declined 1-3 per cent in the previous trading session.

In the recent past, shares of Zomato, Glenmark Life Sciences and Rolex Rings too had come under pressure around the expiry of the 30-day lock-in period meant for anchor investors.

All four companies made