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Whirlpool Of India s share price falls 6 percent on Tuesday following a downgrade by global brokerage house Jefferies amid hypercompetitiveness in the consumer durables segment. The brokerage reduced the target price for the firm to ₹1,125 from ₹1,265.
Block deal: Whirlpool was planning to sell its stake at Rs 1,230 per share, a 7.6 per cent discount to Monday's closing price, with the transaction is expected to be finalised by Wednesday, Reuters suggested.