Speculators off-loaded their positions, tracking a weak demand from alloy-makers at domestic markets
The stock rallied 41% to Rs 18.60 from Rs 13.20 on December 18 on BSE.
Meanwhile, about 7.19 million shares of Crompton Greaves changed hands on BSE through block deal.
Contrary to market rumours, Russia has only been adding to its gold reserves over the past two months
Analysts feel the risks are over-exaggerated though some setbeack in the hydrocarbon segment cannot be ruled out