Tuesday, September 22, 2020

GMM Pfaudler locked in 10% lower circuit as OFS price set at 33% discount

GMM Pfaudler locked in 10% lower circuit as OFS price set at 33% discount The stock has rallied by nearly 200 percent so far in the year 2020. The stock rose from Rs 1871 as on Dec 31, 2019 to Rs 5203 as on September 21. But, the near term trend for the company looks bearish.

from Moneycontrol Market Outlook https://ift.tt/35VO2kx
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