Whirlpool of India completed the acquisition of 49% of the issued and paid up share capital of Elica PB India. With this transaction, Whirlpool of India will hold 49% shareholding in Elica PB India.
With this transaction, Whirlpool of India will hold 49% shareholding in Elica PB India.
The stock had underperformed the market over the past one month till Sep. 10, 2018, falling 6.77% compared with the Sensex's 0.14% rise. It underperformed the market in past one quarter, gaining 4.84% as against 7.36% rise in the Sensex.
Shares of the company declined Rs 22.2, or 1.32%, to trade at Rs 1,657.95. The total volume of shares traded was 1,613 at the BSE (9.34 a.m., Tuesday).