The Economic Times

Whirlpool of India stock soars 20% to hit upper circuit on promoter stake sale buzz

Whirlpool of India shares surged 20% to hit the upper circuit at Rs 865.35 after reports indicated promoter Whirlpool Mauritius may sell its entire remaining 39.76% stake. The potential stake sale, reportedly involving major investors and a multinational consumer durables company, follows years of promoter stake reduction and drove strong buying interest.