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Punj Lloyd has plunged 10% to Rs 21.60 after the National Stock Exchange of India (NSE) has decided to exclude the company from the futures & options (F&O) segment with effect from November 1, 2013.
The stock opened at Rs 24.20 and hit a high of Rs 24.75 on NSE. A combined 5.73 million shares change hands on the counter so far on NSE and BSE.
Besides, Punj Lloyd, the new contracts for new expiry months in Chambal Fertiliser, Opto Circuits, Gujarat State Petronet and Shree Renuka Sugars will not be issued on expiry of existing contract months, says NSE in its circular.
All existing contracts in the underlying contracts with expiry dates August 29, 2013 September 26, 2013 and October 31, 2013 shall expire on August 26, 2013 and shall be finally settled at the relevant settlement price, the exchange said.
Chambal Fertilisers and Chemicals, Opto Circuits (India), Shree Renuka Sugars and Gujarat State Petronet are down 2-7% on NSE.
The stock opened at Rs 24.20 and hit a high of Rs 24.75 on NSE. A combined 5.73 million shares change hands on the counter so far on NSE and BSE.
Besides, Punj Lloyd, the new contracts for new expiry months in Chambal Fertiliser, Opto Circuits, Gujarat State Petronet and Shree Renuka Sugars will not be issued on expiry of existing contract months, says NSE in its circular.
All existing contracts in the underlying contracts with expiry dates August 29, 2013 September 26, 2013 and October 31, 2013 shall expire on August 26, 2013 and shall be finally settled at the relevant settlement price, the exchange said.
Chambal Fertilisers and Chemicals, Opto Circuits (India), Shree Renuka Sugars and Gujarat State Petronet are down 2-7% on NSE.
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