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4 Stocks That Have Fallen On News Today


Here are 4 stocks that are in the thick of action and in fact have fallen in trade today on adverse news.


Lakshmi Vilas Bank

The shares only saw sellers at one stage and were locked at the lower end of the circuit filter. However, it did come out of the circuit filter, but, was last seen trading 4.30 per cent lower, at Rs 36.75.

The lender said that Economic Offences Wing has registered FIR for offences of cheating, criminal breach of trust by banker, criminal misappropriation and criminal conspiracy upon the Directors of the Board.

4 Stocks That Have Fallen On News Today

The FIR is based on a complaint filed by M/s. Religare Finvest Limited (RFL) pertaining to adjustment of their deposits to the dues of M/s. RHC Holding Pvt. Ltd & M/s. Ranchem Pvt Ltd.

Tata Motors

Shares in Tata Motors plunged 4 per cent, after reports by Bloomberg that Jaguar Land Rover plans to close its U.K. factories for a week in November to guard against disruption from a possible no-deal Brexit, Bloomberg reported quoting Chief Executive Officer Ralf Speth.

The shares were last seen trading at Rs 120.

Strides Pharma Science

Shares in Strides Pharma Science hit a 52-week low of Rs 321.65, falling almost 2 percent in the early trade on September 27 after company suspended sales of ranitidine tablets in the US market.

Yes Bank

The shares of the bank dived to a new 52-week low in trade, but, has recovered since.

According to reports one of the the bank's promoter sold more stake in the company to repay debt of his privately held firm.

Read more about: stocks sensex nifty shares
Story first published: Friday, September 27, 2019, 10:32 [IST]
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