Stocks held by Tibrewala locked in lower circuit post ED crackdown

Stocks held by Tibrewala locked in lower circuit post ED crackdown

Mumbai: Shares of various small-cap and penny stocks, in which Dubai-based alleged hawala operator Hari Shankar Tibrewala holds a stake, were locked in a lower circuit on Monday following the arrest of his associate, Suraj Chokhani, by the Enforcement Directorate (ED) on Friday. The ED also froze shares owned by Tibrewala (mentioned as Tibrewal in … Read more

Amid container shortage, 2 microcaps more than double in a month

Amid container shortage, 2 microcaps more than double in a month

NEW DELHI: Exporters and importers across the world are dealing with an acute container shortage, which has not only slowed down businesses, but made goods expensive also. But some businesses are not complaining. Two stocks — Tiger Logistics (India) and Lancer Containers Lines, which provide container services to traders — have been seeing a lot … Read more