Select shares tanks on heavy volumes, CORE Education plunges 65%

Shares of select companies have tanked up to 65% on back of heavy volumes on the Bombay Stock Exchange (BSE).

CORE Education and Technologies, Aanjaneya Lifecare, ABG Shipyard, Welspun Corp, Flexituff International, Eros International and Orbit Corp have plunged more than 17% each on BSE.

CORE Education and Technologies has tanked as much as 60% to Rs 118 on back of over twenty-fold rise in trading volumes. As many as a combined 1.90 million shares have already changed hands on the counter so far against an average around 75,000 shares that were traded daily in past two weeks on BSE and NSE.

Welspun Corp has plunged 28% to Rs 60 on BSE. A combined 13.5 million shares have changed hands on the counter so far against an average around 1.2 million shares that were traded daily in past two weeks on both the exchanges.

Aanjaneya Lifecare, ABG Shipyard and Flexituff International have locked in lower circuit of 20% each with no buyers on the counter.