MTNL, RCom, DB Realty among 25 to hit lifetime lows

Even as the markets today have bounced back from the recent fall, some of the IPOs continue to trade at new lows. Of the 25 scrips which registered new lows in trade today, eight scrips are the newly listed IPOs in the year 2010. The fall is between 22-72% from the issue price.

DB Realty, one of the biggest losers since the unearthing of the housing scam is trading down 59% at Rs 190 as compared to the issue price of Rs 468. Two stocks, Bedmutha Industries and BS Transcomm are locked at the lower circuit falling 31% and 38%, respectively, from their issue price.

The biggest fall among the IPO pack is seen in Aster Silicates which has slumped 72% to Rs 33 as compared to the issue price of Rs 118. Man Infrastructure has dropped 22% to Rs 195.

Cantabil Retail India, Sea TV Network and Gyscoal Alloys are the other scrips which are affected. Losing 29%, Sea TV Network is trading at Rs 71, which got issued at Rs 100. Gyscoal Alloys and Cantabil Retail India down 42% and 54%, respectively are the other losers.

MTNL and Reliance Commumnication (RCom) are also trading at a new low of Rs 49 and Rs 124, respectively. The 2G scam has pulled RCom to a new low while MTNL seems to be worried about its growth in the telecom space.
 

Scrip	Company	New low (Rs)
500108	MTNL	49.65
531496	Omkar Overseas	9.13
532712	Reliance Comm	124.25
532791	Pyramid Sai	6.02
532857	Glory Polyfilms	7.21
532886	SEL Mfg Company	22.80
532901	Koutons Retl	63.75
532946	Bang Overseas	38.20
533029	Alkali	75.10
533089	Tele Techno	0.85
533098	NHPC	26.95
533148	JSW Energy	94.85
533160	D B Realty	190.60
533169	Man Infra	195.35
533202	Nitesh Estates	30.30
533207	Jaypee Infratech	62.00
533218	Emami Infrastructure	40.10
533219	Aster Silicates	33.40
533221	Asian Hotels (West)	210.00
533263	Orient Green Power	28.30
533267	Cantabil Retail	62.00
533268	Sea TV Network	71.60
533270	Bedmutha Inds	70.25
533275	Gyscoal Alloys	41.00
533276	BS Transcomm	153.95
590061	Brushman India	6.13
590083	Mavens Bio	9.56