Privi Speciality Chemicals Stock Plunges 13% After ₹1,086 Cr Block Deal

• Privi Speciality Chemicals shares dropped 13% on Wednesday, December 31, following a major equity transaction.
• A block deal worth over ₹1,086 crore involved 38.8 lakh shares, representing 9.93% of the company's total share capital.
• Shares were traded at an average price of ₹2,799; promoters reportedly sold a 6.3% stake for an estimated ₹700 crore.
• The indicative deal price range was ₹2,835-₹2,850, an 11.1% discount to Tuesday's closing price.
• Despite the recent fall, the stock has gained 65% in 2025, marking its best year since 2021.

Why It Matters: Privi Speciality Chemicals saw a sharp 13% drop due to a large ₹1,086 crore block deal.