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Block deal: Stock falls more than 5% after FII’s sell shares worth ₹ 1,800 Cr in the company

Block deal: Stock falls more than 5% after FII’s sell shares worth ₹ 1,800 Cr in the company

In Tuesday's early trade, shares of the country's second-largest automotive battery manufacturer and technological leader in lead-acid batteries fell 6% to Rs 643.40 apiece on reports of a block deal. Amara Raja Batteries Ltd shares were trading at Rs 650.15 on the NSE at 12:40 p.m., down 5.05% from the previous close, with a market [...]
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