Rs 144 crore wrongful profit! Sebi finds stock manipulation in 5 smallcaps

Rs 144 crore wrongful profit! Sebi finds stock manipulation in 5 smallcaps

The Securities and Exchange Board of India (Sebi) has issued interim order-cum-showcause notices, restraining 135 entities from accessing the securities market on alleged manipulation of shares of five smallcaps. The five companies are Mauria Udyog Ltd, 7NR Retail Ltd, Darjeeling Ropeway Company Ltd, GBL Industries Ltd, and Vishal Fabrics Ltd. Further, the regulator has issued … Read more

Corporate Radar: Globe International, SecMark to trade ex-bonus, Wipro and HCL Tech results and more

Corporate Radar: Globe International, SecMark to trade ex-bonus, Wipro and HCL Tech results and more

A host of corporate actions and board meetings are scheduled for Wednesday. Shares of Globe International and will trade ex-bonus for its bonus share issuance announced in the ratio of 1:1. will also go ex-bonus for bonus share issuance in the ratio of 3:2. Additionally, shares of and will turn ex-bonus in respect of their … Read more