PrabhatDairy cuts gains after 20% rally on Rs 1,700 cr deal

Shares of Prabhat Dairy on Tuesday gave up gains but still traded 13 percent higher in the morning session.

The stock came off even as its Rs 1,700 crore stake sale deal is much bigger in value than the company’s total market capitalization of Rs 900-odd crore.

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Posted in: Indian Market Tips