Stock Market Today, June 30 -- Jyoti CNC Automation share price declined more than 4% in the morning trades on Monday. The news flow remained strong around a large block deal.
News reports suggested that around 6.06 percent equity, or 1.37 crore shares of Jyoti CNC Automation, was traded through the block deal route for Rs.1,499 crore. The reports suggested that shares were exchanged at Rs.1,087 per share. Since the closing price of Jyoti CNC Automations stood at Rs.1124 on the BSE at the end of the previous trading session, i.e., Friday, the block deal price implied a 3.7 percent discount from the previous session's closing price.
As per CNBC TV 18 news reports on Friday, certain non-promoter shareholders of Jyoti CNC were set to dives...
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