Jubilant Life stock slips 6% post block deal

Around 33 lakh shares changed hands in a block deal, as per media reports.

Mar 20, 2019 10:03 IST India Infoline News Service

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Shares of Jubilant Life slipped 6% on the BSE in the morning trade on Wednesday. Around 33 lakh shares changed hands in a block deal, as per media reports.

Jubilant Life Sciences Ltd is currently trading at Rs796, down by Rs47.35 or 5.61% from its previous closing of Rs843.35 on the BSE. The scrip opened at Rs812 and has touched a high and low of Rs832.30 and Rs786 respectively.

The BSE group 'A' stock of face value Rs1 has touched a 52-week high of Rs898 on March 18, 2019, and a 52-week low of Rs617.45 on October 19, 2018. Last one week high and low of the scrip stood at Rs898 and Rs810.70 respectively.

The employee welfare trust of Jubilant Life Sciences is selling its 2.2% stake in the company for about Rs268cr through block deals on Wednesday, as per media report.

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