Bengaluru, June 19 -- The share of the cryogenic system manufacturer fell by 2 percent in today's trading session after the company's shareholder lock-in period came to an end today. With a market capitalization of Rs 10,550.80 crore, the shares of INOX India Ltd were trading at Rs 1,162.45 per share, decreasing around 1.24 percent as compared to the previous closing price of Rs 1,177.05 apiece.

The shares of INOX India Ltd have seen bearish movement after the expiration of the shareholder lock-in period on Friday. With 1.8 crore shares, or 20% of its outstanding equity, now eligible for trading, over Rs.2,000 crore worth of shares became available. This event, noted by Nuvama Research, contributed to the negative stock movement.

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