
The shares of Privi Speciality Chemicals fell nearly 14 percent on December 31 after the stock saw a large transaction taking place on exchanges.
The shares of the manufacturer, supplier and exporter of aroma and fragrance chemicals dropped to Rs 2,751 apiece in the morning trading hours of Wednesday.
As many as 38.8 lakh shares of Privi Speciality Chemicals, representing 9.93 percent stake in the company, changed hands in a large transaction, CNBC-TV18 quoted official data as saying. It added that the shares were traded at an average price of Rs 2,799 per share, taking the total value of the transaction to Rs 1,086 crore.
The reported price at which the transaction was carried out represents a 12 percent discount from the stock’s previous closing price of Rs 3,190.50 apiece.
Notably, this comes a day after the business news channel reported that a shareholder of Privi Speciality Chemicals is likely to sell up to 6.32 percent stake in the company via a block deal.
According to data on the company's shareholding pattern as at the end of September 2025, promoter and promoter groups held nearly 70 percent stake in the company while the rest of the 30 percent was owned by public.
Among the public shareholders, SBI Multi Asset Allocation Fund held the largest individual shareholding at 3.64 percent.
Privi Speciality Chemicals shares have fallen around 11 percent in the past one month, but gained around 24 percent in the past six months. The stock is so far up more than 57 percent in 2025 so far, but is set for its worst one-day drop since May 2022 today.
After hitting a 52-week low of Rs 1,368.15 apiece in March this year, the stock rapidly rallied more than 151 percent in around eight months to hit a fresh 52-week high of Rs 3,440.50 apiece in November this year.
The stock currently has a P/E ratio of more than 59, and a market capitalisation of over Rs 11,000 crore.
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