Mistry's death sentimentally negative but stay put in SP Grp stks: Analysts

Cyrus Mistry, a high-profile Indian-born Irish businessman and the former chairman of the Tata group, passed away in a road accident on September 4, 2022

Shares of Shapoorji Pallonji Group companies cracked on the bourses on Monday, a day after the Group's scion Cyrus Mistry's untimely death.

Eureka Forbes shares, where Shapoorji Pallonji And Company Private Limited held nearly 9 per cent stake at the end of the June quarter, fell 1.06 per cent to Rs 489 apiece on the BSE. In comparison, the benchmark BSE Sensex index rose 0.75 per cent.

Those of Sterling and Wilson Renewable Energy, and Forbes and Company, meanwhile, slipped 0.6 per cent and