BUZZ-Whirlpool of India drops after block deals at discount

Reuters11-27

** Whirlpool of India WHIR.NS drops 11.2% to 1,065.90 rupees

** Stock set to snap three-session gaining streak

** Promoter entity Whirlpool Mauritius will sell up to 9.5 mln shares in WHIR at floor price of 1,030 rupees per share through block deal, NDTV profit reported citing term sheet - a 14.2% discount to previous close

** Additionally, about 1.9 mln shares traded across 12 block deals on NSE at discounts between 9.7% and 11.4% to previous close, as per LSEG data

** WHIR did not immediately respond to a Reuters' request for comment

** Overall trading vols at 4.7 mln shares so far, 5.8x the 30-day average

** WHIR down ~42% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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