Bilcare subsidiary to sell upto 26% stake, stock down 5%

Bilcare has reacted negatively to the report that its subsidiary is likely to sell upto 26% stake to raise Rs 200-300 crore.

At 10:06 hrs Bilcare was quoting at Rs 101.55, down Rs 5.30, or 4.96 percent. It has touched an intraday high of Rs 101.55 and an intraday low of Rs 101.55.
 
There were pending sell orders of 205,728 shares, with no buyers available. It was trading with volumes of 5,745 shares

In the previous trading session, the share closed down 4.98 percent or Rs 5.60 at Rs 106.85.

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