The share price of the company had been falling and went down from 52 week high to lowest level to just paise 80 few days back and gullible retails investors suffered heavily.But stock exchanges were silent.Now over the last few trading sessions the stock price started moving from paise 80 to Rs.1.15 on NSE with huge volumes.The company is fighting its case against Canara bank in Supreme Court and date after dates are being fixed and now the hearing is fixed for Jan 15 2019.With continuous upper circuits of 5% in last 3 to 4 trading sessions now these Stock exchanges are asking explanations from the company as to why price is increasing????.Does not is sound funny ???
Many companies just got listed at BSE and managements duped poor retail investors and bosses at BSE could do nothing to save the interest of retail investors.Big Example had been that of Southern Ispat and Energy Limited where its MD went underground after shutting down the plant at Pallakad Kerala.Is it the way SEBI or this BSE officials take care of Small Investors???? My Foot...
No comments:
Post a Comment