Business Standard

STOCK ALERT: Sun TV Network, SpiceJet tank as CBI questions promoters

Sun TV Network plunged almost 23% to Rs 228 on the NSE

Related News

Sun TV Network and have tanked up to 40% on the bourses in morning trades on reports that the Central Bureau of Investigation (CBI) has questioned the Maran Brothers in Aircel-Maxis deal case.

“Former Union Textile Minister and Lok Sabha MP Dayanidhi Maran and Sun Group chairman and managing director Kalanithi Maran were questioned by the CBI on the Aircel-Maxis deal,” the report suggests.

is currently trading 16% lower at Rs 249, plunged almost 23% to Rs 228 on the National Stock Exchange. On the Bombay Stock Exchange (BSE), the stock tanked 40% to Rs 177, now trading at Rs 251, 15% lower over the previous day’s close.

A combined 2.4 million shares have already changed hands on the counter in opening trades, as against an average of less than one million shares that were traded daily in past two weeks on both the exchanges. SpiceJet, too, slipped 12% at Rs 24.85 in opening trades, is currently trading 4% down at Rs 27.20 on the BSE. Around 4.05 million shares have changed hands on the counter till 0936 hours.

According to PTI reports, former telecom minister Dayanidhi Maran  in connection with the allegations that he had received Rs 547 crore as kickbacks from a Malaysian company in the controversial Aircel-Maxis deal.

Read more on:   
|

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 ...

Advertisements

Quick Links

 

Market News

Nikkei hits 7-year high as BoJ expands monetary easing

The Nikkei surged 755.56 points or 4.83% to end at 16,413.76, its highest level since November 2007

Maruti Suzuki India, Axis Bank joins Rs 1-lakh-cr market-cap club

Axis Bank hits a record high of Rs 440, while Maruti Suzuki touched a new high of Rs 3,349 in intra-day deals on BSE.

Marksans Pharma surges on strong Q2 results

The stock rallied 6% to Rs 64 on NSE after reporting 56% yoy growth in net profit at Rs 31 crore in September quarter.

Markets continue winning streak; Sensex up 400 points

The 30-share Sensex is up 412 points at 27,758 and the 50-share Nifty has gained 119 points to trade at 8,288.

Copper down 0.2% on weak global cues

Metal for delivery in November shed 0.14%

Back to Top