Cox & Kings frozen at 20% lower circuit; stock hits all-time low

The stock has plunged 77 per cent in the past year as compared to 10 per cent rise in the S&P BSE Sensex

Cox & Kings shares hit an all-time low of Rs 48.85 after tanking 20 per cent on the BSE on Monday, falling 49 per cent in the past month. In comparison, the S&P BSE Sensex was down 1 per cent during the same period.

At 02:46 pm, there were pending sell orders for 931,709 shares on the NSE and BSE. A combined 914,644 shares changed hands on both the exchanges.

On June 11, rating agency Credit Analysis & Research (CARE) had revised the ratings assigned to the bank facilities of Cox & Kings. The revision in ratings takes