Goldman Sachs sold over 13.82 lakh equity shares of Cello World Limited for ₹55 crore (approximately $6.6 million USD) via a bulk deal on Tuesday. The shares were sold at ₹401 each, while Cello's stock closed at ₹404, reflecting a modest increase of 0.55%. This sale comes after a challenging year for Cello World, with its share price declining by 24%, contrasting with the flat performance of the Nifty and BSE Sensex indices. The stock is currently trading below its 50-day and 200-day simple moving averages of ₹446 and ₹551, respectively. In its latest quarterly report, Cello World posted a consolidated net profit of ₹64 crore, marking a 26.3% increase year-on-year, although total revenue was flat at ₹570 crore compared to the same period last year. Cello World, established in 1982, operates 13 manufacturing facilities across five locations in India, specializing in plastic houseware products.