Business Standard

Sadbhav Engineering hits over 5-year low; plunges 58% in 6-months

The stock of the construction and engineering company was trading at its lowest level since April 2014.

Sadbhav Engineering hits over 5-year low; tanks 58% in 6-months
Premium

SI Reporter Mumbai
Shares of Sadbhav Engineering slipped 7 per cent to hit an over five-year low of Rs 103 on the BSE on Tuesday on back of heavy volumes. The stock of the construction and engineering company was trading at its lowest level since April 2014.

At 01:34 pm, around 1.05 million shares, representing 0.61 per cent of total equity, of Sadbhav Engineering changed hands via block deals on the BSE, the exchange data shows. The name of buyers and sellers, however, were not ascertained immediately.

According to the company's shareholding pattern, as of September 2019, promoters have a pledge on 41

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in