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Talwalkars Healthclubs, Talwalkars Better Value tank over 50% in six days

Talwalkars Healthclubs (Rs 41) and TBVFL (Rs 22) were down 5 per cent each on Thursday and have tanked 55 per cent since July 18.

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SI Reporter Mumbai
Shares of Talwalkars Healthclubs and Talwalkars Better Value Fitness (TBVFL) continued to reel under pressure, falling over 50 per cent in the past six trading days.

Talwalkars Healthclubs (Rs 41) and TBVFL (Rs 22) were down 5 per cent each on Thursday. Both have tanked 55 per cent since July 18 and are trading at their respective all-time low levels. They have hit the lower circuit for six straight days, with no buyers seen on the counters.

At 11:05 am, there were pending sell orders for 2.2 million shares, representing 7 per cent of total equity of Talwalkars Healthclubs