Manpasand Beverages rebounds from record low; stock tanks 70% in one month

The stock locked in upper circuit of 5% at Rs 142, bouncing back 9.5% from its intra-day low, after the company said its board will meet on June 27 to consider Q4 results and to recommend dividend.

Shares of Manpasand Beverages are locked in upper circuit of 5% at Rs 142 per share, bouncing back 9.5% from their intra-day low on the BSE, after the company said that its board will meet on June 27, to consider audited financial results for the quarter and year ended March 31, 2018 and to recommend dividend.

The stock of the fruit juice maker hit a record low of Rs 129 in intra-day trade earlier today, and has tanked 70% in past one month, as compared to 4.4% rise in the S&P BSE Sensex. The stock hit an all-time high