 "Claris Lifesciences extends fall second straight day")
Shares of Claris Lifesciences have dipped 10% to Rs 215 in noon deal, extending its previous day’s 5% decline on the BSE in otherwise firm market after the Income Tax (IT) department conducted search, survey at group premises.
“The search/survey has been carried out by the Income Tax Authorities (IT Authorities) on the company on August 4, 2015”, Claris Lifesciences said in a BSE filing.
The company have extended full co-operation to the IT Authorities. Further, we submit that any information which is considered to be material in nature would be intimated to Exchange immediately, it added.
At 03:08 PM, the stock was down 6% at Rs 224 on the BSE. The trading volumes on the counter more than four-times with 565,000 shares have changed hands so far against an average 135,000 shares that were traded daily in past two weeks on the BSE.
“The search/survey has been carried out by the Income Tax Authorities (IT Authorities) on the company on August 4, 2015”, Claris Lifesciences said in a BSE filing.
The company have extended full co-operation to the IT Authorities. Further, we submit that any information which is considered to be material in nature would be intimated to Exchange immediately, it added.
At 03:08 PM, the stock was down 6% at Rs 224 on the BSE. The trading volumes on the counter more than four-times with 565,000 shares have changed hands so far against an average 135,000 shares that were traded daily in past two weeks on the BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%