Eros, Manpasand among 30 stocks that hit upper circuit limits in today's trade
On the other hand, 26 stocks including Cox & Kings hit lower circuits.
By ETMarkets.com |
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NEW DELHI: More than 30 stocks hit their upper circuit limits on BSE in early trade on Wednesday. The list featured some of the beaten-down stocks such as Eros International Media, Manpasand Beverages, Sintex, Provogue, Scooters India and Refex Industries.
Chandra Prabhu International, Jai Mata Glass, Baroda Extrusion, Karuturi Global, Sunil Hitech, Nila Spaces, ECS Biztech, Nitin Fire Protection, Bhartiya Global Infomedia, CHD Decelopers, Schablona India, Tata Teleservices (Maharashtra), Camson Seeds, Maruti Infrastructure, Prithvi Exchange, Metalyst Forgings, OCL Iron and Steel and BL Kashyap and Sons stood among other companies that hit upper circuit during the trade.
The benchmark BSE Sensex was trading 50 points, or 0.13 per cent, down at 39,765 at around 9.25 am (IST).
On the other hand, 26 stocks including Cox & Kings, Vikas Proppant, Triveni Glass, Jindal Photo and Digjam hit lower circuits.
On June 27, Cox & Kings said it defaulted on payment of commercial papers due to cash flow mismatch. The company was required to pay Rs 200 crore, however, it was able to pay only Rs 50 crore and defaulted on Rs 150 crore.
The travel services firm on Monday said it is taking steps to resolve the "temporary" cash flow mismatch and will approach lenders to work out a "time-bound" solution to this emergency.
In a regulatory filing, Cox & Kings said, "the company is taking all required measures to resolve the temporary cash flow mismatch."
Chandra Prabhu International, Jai Mata Glass, Baroda Extrusion, Karuturi Global, Sunil Hitech, Nila Spaces, ECS Biztech, Nitin Fire Protection, Bhartiya Global Infomedia, CHD Decelopers, Schablona India, Tata Teleservices (Maharashtra), Camson Seeds, Maruti Infrastructure, Prithvi Exchange, Metalyst Forgings, OCL Iron and Steel and BL Kashyap and Sons stood among other companies that hit upper circuit during the trade.
The benchmark BSE Sensex was trading 50 points, or 0.13 per cent, down at 39,765 at around 9.25 am (IST).
On the other hand, 26 stocks including Cox & Kings, Vikas Proppant, Triveni Glass, Jindal Photo and Digjam hit lower circuits.
On June 27, Cox & Kings said it defaulted on payment of commercial papers due to cash flow mismatch. The company was required to pay Rs 200 crore, however, it was able to pay only Rs 50 crore and defaulted on Rs 150 crore.
The travel services firm on Monday said it is taking steps to resolve the "temporary" cash flow mismatch and will approach lenders to work out a "time-bound" solution to this emergency.
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In a regulatory filing, Cox & Kings said, "the company is taking all required measures to resolve the temporary cash flow mismatch."
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