Whirlpool of India is under heavy selling pressure, with the share price slipping more than 11% after reports of a large promoter stake sale. The sudden supply of shares, priced well below the last closing value, immediately weighed on investor sentiment and pushed the stock sharply lower.
Let’s take look at the key reasons why the share price of Whirlpool of India fell sharply today –
A major block deal buzz triggers the slide
The biggest trigger for the fall was a massive share sale carried out by Whirlpool Mauritius, the promoter entity of the company. As per reports in CNBC-TV18 and CNBC Awaaz, the promoter could be selling nearly 95 lakh shares. This is equivalent to around 7.5% of the total equity through a block deal. The floor price for the transaction was fixed at Rs 1,030 per share. This is about 14% lower than the previous day’s closing price.
Such a steep discount immediately narrowed the gap between market value and the block deal price, leading to a wave of selling in the open market. The stock dropped to around Rs 1,041 on the Bombay Stock Exchange (BSE) and nearly Rs 1,055 on the National Stock Exchange (NSE) in early trade.
However, just to remind our viewers, FinancialExpress.com could not confirm the news independently.
Market mood also impacted by weak financial performance in Q2
Whirlpool of India’s recent financial results have not been upbeat. Talking of the financial performance of the company in the July–September quarter of financial year 2025–26 (FY26), the company reported a 21.9% drop in consolidated net profit to Rs 41.80 crore, compared to Rs 53.53 crore in the same quarter last year. Revenue also slipped nearly 4% year-on-year to Rs 1,647.27 crore, reflecting sluggish demand in the consumer durables sector. The total income of the company was down 3.7%.
Whirlpool of India share performance
The share price of the company has delivered a negative return of 8% in the last five days, and on a one-month basis, it has fallen 22%. Looking at a broader frame, over the last six months, the share price is down 13%, and on a yearly basis, it has declined 40%. So far in 2025, the company has delivered a negative return of 40%.
The 52-week high of the company stands at Rs 1,981.10, and the 52-week low is Rs 899.
