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Whirlpool of India stock soars 20% to hit upper circuit on promoter stake sale buzz

Economic Times Markets
Whirlpool of India stock soars 20% to hit upper circuit on promoter stake sale buzz
Economic Times Markets

Whirlpool of India shares surged 20% to hit the upper circuit at Rs 865.35 after reports indicated promoter Whirlpool Mauritius may sell its entire remaining 39.76% stake. The potential stake sale, reportedly involving major investors and a multinational consumer durables company, follows years of promoter stake reduction and drove strong buying interest.

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