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Gitanjali Gems nears record low; stock tanks 46% in four days

The stock locked in lower circuit for the third straight trading days, hit fresh 52-week low of Rs 33.80, trading close to its all-time low of Rs 29.95 touched on March 1, 2016.

Gitanjali Gems nears record low; stock tanks 46% in four days
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SI Reporter Mumbai
Gitanjali Gems is locked in lower circuit for the third straight trading days, down 10% at Rs 33.80 on BSE with no buyers were seen on the counter. The stock is trading close to its record low of Rs 29.95 touched on March 1, 2016 on BSE in intra-day trade.

Till 09:38 am; a combined 62,492 equity shares changed hands and there were pending sell orders for 16.62 million shares on the BSE and NSE, the exchanges data shows. The stock exchanges has revised circuit filter of the scrip from 20% to 10% with effective from today.

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