Gland Pharma block deal: 5.8% equity change hands via multiple block deals; stock down nearly 6%

Gland Pharma share price: Shares of Gland Pharma traded nearly 6 per cent lower in Tuesday’s (April 9) trade on BSE as 5.8 per cent equity, or 86.6 lakh shares, changed hands via multiple block deals. As per Zee Business research, Nicomac Machinery was likely to sell a 4.4 per cent stake today.

At around 9:26 a.m., shares of Gland Pharma traded 5.95 per cent, or Rs 110.7, lower on BSE at 1,751 apiece. The market capitalisation of the company stood at Rs 28,857.28 crore at around the same time. 

(This story will be updated shortly.) 

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