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Deep Industries hits 52-week low; stock tanks 27% in two days

he stock trading at its 52-week low of Rs 107, has tanked 27% in past two trading sessions from Rs 147 on May 31, 2018

Deep Industries hits 52-week low; stock tanks 27% in two days
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SI Reporter Mumbai
Deep Industries tanked 20% to Rs 107, extending its Friday’s an over 6% decline on the BSE, after the Central Bureau of Investigation (CBI) has booked officials of Oil and Natural Gas Corporation (ONGC) in Rs 800 million scam case. The stock trading at its 52-week low has tanked 27% in past two trading sessions from Rs 147 on May 31, 2018.

The oil exploration and production company said the CBI has booked 13 senior serving and retired officials of the ONGC, Rajahmundry and the company, based on complaint filed by Vigilance department of ONGC.

“This is the