Astral Poly Technik tanks 17% after 2.6% equity changes hands in block deal

Thus far in the calendar year 2019, Astral Poly Technik has outperformed the market by surging 27 per cent, as compared to a marginal 0.07 per cent rise in the S&P BSE Sensex till Thursday.

Shares of Astral Poly Technik tanked around 17 per cent to Rs 960 apiece on the BSE -- its biggest fall in the past four years -- in the early morning deals on Friday after nearly 3 per cent equity of the company changed hands via block deals.

At 09:15 am, around 3.86 million equity shares, representing 2.6 per cent of total equity of Astral Poly Technik, changed hands on the BSE, the exchange data shows.

The names of the buyers and sellers were not ascertained immediately. Earlier on July 3, 2015, the stock plunged 20 per cent on the BSE in