Smallcap stock trading suspended after suspicious price movement

With a market cap of Rs. 12,520.2 crores, the shares of a company primarily involved in the business of infrastructure activities hit a 5 percent lower circuit on BSE, settling at Rs. 1,236.45 on Friday.  The stock was subsequently suspended by SEBI until further notice due to suspicious price movements and allegations of financial misrepresentation.  … Continue reading Smallcap stock trading suspended after suspicious price movement