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News Topical, Digital Desk : Block Deal: COHANCE LIFE recently completed a block deal for 33.9 lakh shares, totaling approximately ₹3,073 crore. This transaction represents 8.87% of the company's total equity, struck at ₹906 per share. This block deal will help strengthen the company's market position. The stock has seen significant action following the deal, with the company's shares falling sharply. At 9:23 am, the stock was trading down more than 5 percent.
Stock Status: Cohance Lifesciences Ltd. shares fell in early trading on Thursday. The company's stock fell 5.14% to ₹916.65, compared to its previous closing price of ₹966.35. At the opening of trading around 9:23 am, the stock touched a low of ₹906 and a high of ₹920.30. The company has a market capitalization of approximately ₹35,010 crore, with a P/E ratio of 97.56. Over the past year, the company's stock has reached a high of ₹1,121.15 and a low of ₹856.30. Investors are keenly watching the company's shares amid today's decline.
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