Block deal alert: Madhuri Madhusudan Kela picks stake in debutant Godavari Biorefineries below issue price

Ace investor Madhuri Kela bought 5 lakh shares in Godavari Biorefineries via a block deal at Rs 335.66 apiece. The stock listed at a 12% discount but recovered to close at Rs 342.85. Godavari Biorefineries is one of India's largest ethanol producers.