Prakash Ind down 5% on report of ED filing chargesheet in coal scam cases

The stock locked in lower circuit of 5% at Rs 125 on the BSE with only sellers were seen on the counter after the media report suggested that ED filed charge- sheets in seven coal scam cases.

Prakash Industries has locked in lower circuit of 5% at Rs 125 on the BSE with only sellers were seen on the counter after the media report suggested that Enforcement Directorate (ED) filed charge sheet in seven coal scam cases.

Till 01:19 pm; a combined 66,204 equity shares changed hands and there were pending sell orders for 1.09 million shares on the BSE and NSE, the exchanges data shows.

“We categorically state that we are unaware of any charge sheet having seen filed by the Enforcement Directorate as described in the news item published in the Economic Times