Bank stock crashes after receiving a GST notice 145% higher than its market cap

The shares of this private-sector bank fell around 5 percent to an intraday low after the company received a whopping Rs 16,000 crores GST notice. Price Movement With a market capitalization of Rs 11,154.98 crore, the shares of Jammu & Kashmir Bank were trading at Rs 101.30 per share, decreasing around 2 percent as compared … Continue reading Bank stock crashes after receiving a GST notice 145% higher than its market cap