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