Godrej Industries shares fell by 7 per cent to ₹893 a piece, while Godrej property's shares fell by 4.4 percent to 2,532 per piece. The share price of Astec Lifesciences fell 4.1 per cent to ₹1,235 per piece.
The Adi/Nadir Godrej family has made an open offer for Astec Lifesciences to acquire an additional 26 per cent stake at a price of ₹1,069.75 per share. The open offer price is below the current market price of 1,235 a share which led to investors losing interest in the stock, say brokers. The GIL shares fell as investors were expecting an upside due to the family settlement, they said.
Diese Geschichte stammt aus der May 03, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der May 03, 2024-Ausgabe von Business Standard.
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