Published on 14/11/2017 2:33:34 PM | Source: Dion Global Solutions Ltd.

Butterfly Gandhimathi Appliances up 5% on stake sale buzz

Shares of Butterfly Gandhimathi Appliances surged 5 on the Bombay Stock Exchange after ET Now reported that Hawkins, TTK Prestige and a few PE players were eyeing a stake in the manufacturer of home appliances company. Riding high on media reports, shares of the company gained as much as 4.99 per cent to touch intra-day high of Rs 351.60 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 4.99 per cent higher at Rs 352.20 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 32,942.76, down 90.80 points, or 0.28 per cent, at 12:00 hours.