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GMM Pfaudler shares sink 16% today. Here’s why

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Shares of GMM Pfaudler plummeted 16 per cent in Friday’s trade amid a media report that suggested promoter Pfaudler Inc was looking to sell a majority stake in GMM Pfaudler for Rs 2,278 crore in block deal today.  

Meanwhile, Shyam Sekhar, Chief Ideator and Founder at ithought Advisory overnight posted a thread to his old September 2020 posts on GMM Pfaudler. 

 

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