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Oberoi Realty, Capacite Infra stocks fall on Income Tax search buzz

The stock has fallen 5.84 per cent since Tuesday

BS Reporter  |  New Delhi 

IT department

Stocks of Mumbai-based and its vendor Capacite Infraprojects shed 2.17 per cent and 1.62 per cent, respectively, on Wednesday on the buzz that department has searched the premises of the firms on suspicion of dubious transactions.

The stock fell upto 13.50 per cent in the intra-day trade. The stock has fallen 5.84 per cent since Tuesday.

The stock exchanges have asked for clarification from the firm while Oberoi is yet to respond on it.

First Published: Wed, August 21 2019. 21:23 IST