Bengaluru, Sept. 10 -- The shares of this leading manufacturer and marketer of major home appliances in India are in focus as reports emerged that a key player will be out of the race to acquire a stake in the company. In this article, we will dive more into this detail.
With a market capitalization of Rs 17,344 crore, the shares of Whirlpool of India Ltd made a day low of Rs 1,331 per share, down by 3 percent from its previous day closing price of Rs 1,369.65. Over the past five years, the stock has corrected by over 36 percent.
What's the news?
Whirlpool of India's plan to sell a 31 percent stake has hit a pause as Bain Capital has chosen to opt out of the bidding. They decided to step back because Whirlpool's asking price was simply ...
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