Bengaluru, June 17 -- This Small-Cap Stock, engaged in manufacturing and marketing stationery, art materials, writing instruments, and related products, serving customers across India and over 55 countries worldwide, crashed 4.70 percent after promoter likely to sell up to 7.3 percent stake worth Rs. 926.10 crore through block deals.

With a market capitalization of Rs. 13,974.70 crores, the share of DOMS Industries Limited has reached an intraday high of Rs. 2,206 per equity share, down nearly 4.70 percent from its previous day's close price of Rs. 2,314.85. Since then, the stock has retreated and is currently trading at Rs. 2,302.70 per equity share.

Reason for the crash

DOMS Industries Limited came under pressure in the stock market ...