Business Standard

Goldyne Technoserve, Amar Remedies plunge 20% second day in a row

Buzz of margin calls from certain large brokerages and redemption by some small-cap global funds

Related News

Shares of Goldyne Technoserve and are locked at lower circuit filter for the second day in a row on the Bombay Stock Exchange on buzz of from certain large brokerages and redemption by some small-cap global funds.

Glodyne Technoserve is currently quoting at Rs 219, having plunged 36% in past two trading sessions from Rs 342 on July 25. A combined 49,395 shares have changed hands on the counter so far and there are pending sell orders for 1.95 million shares on both the exchanges.

Amar Remedies too, tanked almost 36% in past two day, is currently trading at Rs 88.45 on the BSE. Total 799,591 shares have already changed hands on the counter so far and there are sellers for 658,360 shares on the NSE and BSE.

“Many Delhi Kolkata brokers where margin call triggered in funded/pledged stocks. This resulted in 20 stocks hitting lower circuits yesterday,” said Kishor P. Ostwal, CMD, CNI Research.

Read more on:   
|
|

Goldyne Technoserve, Amar Remedies plunge 20% second day in a row

Buzz of margin calls from certain large brokerages and redemption by some small-cap global funds

Shares of Goldyne Technoserve and Amar Remedies are locked at lower circuit filter for the second day in a row on the Bombay Stock Exchange on buzz of margin calls from certain large brokerages and redemption by some small-cap global funds.

Shares of Goldyne Technoserve and Amar Remedies are locked at lower circuit filter for the second day in a row on the Bombay Stock Exchange on buzz of margin calls from certain large brokerages and redemption by some small-cap global funds.

Glodyne Technoserve is currently quoting at Rs 219, having plunged 36% in past two trading sessions from Rs 342 on July 25. A combined 49,395 shares have changed hands on the counter so far and there are pending sell orders for 1.95 million shares on both the exchanges.

Amar Remedies too, tanked almost 36% in past two day, is currently trading at Rs 88.45 on the BSE. Total 799,591 shares have already changed hands on the counter so far and there are sellers for 658,360 shares on the NSE and BSE.

“Many Delhi Kolkata brokers where margin call triggered in funded/pledged stocks. This resulted in 20 stocks hitting lower circuits yesterday,” said Kishor P. Ostwal, CMD, CNI Research.

image

Read More

Icra places 14 auto component makers under watch

Rating agency Icra today placed 14 auto component manufacturers on "rating watch with developing implications", following lockout at Maruti Suzuki's ...

Recommended for you

Advertisements

Quick Links

Market News

Tata Motors trades firm ahead of rights issue

The stock, which will trade post the rights issue on Monday, has gained 2% at Rs 561 on the NSE

Gold up 0.2% on global cues

Metal for delivery in April contracts edged up by 0.12%

Catholic Syrian Bank files paper with Sebi for Rs 400-cr IPO

Lender seeks to garner Rs 150 cr via pre-IPO placement; issue proceeds to be used to augment its capital base

Delivery-based volumes hit one-year high in March

Earlier, in March 2014, more than half, or 51%, of the total traded shares got converted into delivery before the general elections

Sensex gains nearly 100 points; Nifty reclaims 8,500

Sun Pharma, Bharti Airtel, Hindalco, Dr Reddys Lab and HUL are the top gainers

 

Back to Top