The Securities and Exchange Board of India has banned 19 entities for manipulating the price of four mid-cap stocks Pipavav Defence & Offshore Engineering, Tulip Telecom, Glodyne Technoserve and Parsvnath Developers in an ex-parte interim order with immediate effect.
All the four scrips lost between 19.91 per cent and 26.02 per cent on July 26.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.