Lower Circuit for 12 consecutive days...
Almost 70-75 percent down in such a short period of time.
Overseas Bank declared company insolvent as it goes bankrupt.
After clarification also some insiders can''t believe it.Some big heads bought at 96 LC again sold at 70 LC.If you have any inside news please share.I have news it will reach again to its old original price under 50.
Also heard that all big officers who resigned were under tremendous pressure to handle critical issues of the company which were against law.
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