Deccan Chronicle scrip pounded on mounting litigation

The shares of Deccan Chronicle Holdings Ltd have hit an all-time low to quote at Rs 3.06, down 6.71 per cent on the BSE on Friday. It had a 52-week high of Rs 42 in May 2012. The publisher of English daily Deccan Chronicle and Telugu daily Andhra Prabha is battling a host of legal litigations filed by some of the lenders, including winding-up petitions.