DCHL plunges as HC reject arbitrator`s order
19th October 2012 08:18 AM
Deccan Chronicle Holdings (DCHL) dropped on Thursday after the Bombay High Court terminated the arbitration order in the case between DCHL and the Board of Control for Cricket in India (BCCI ).
The BCCI appealed against the status quo ordered by the arbitrator on the cricket board's decision to terminate its franchise Deccan Chargers.
Shares ofthe companyare trading at Rs 8.67, down Rs 0.43, or 4.73% at the Bombay Stock Exchange (BSE) on Thursday at 3:57 p.m.The scrip has touched an intra-day high of Rs 9.55 and low of Rs 8.65. The total volume of shares traded at the BSE is 1,313,873.In the earlier session, the shares rose 4.48%, or Rs 0.39, at Rs 9.10. Currently, the stock is trading down 84.79% from its 52-week high of Rs 57 and above 4.71% over the 52-week low of Rs 8.28.Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 9.15 (0.05) (0.55) 1 Month 9.85 (0.75) (7.61) 3 Months 26.15 (17.05) (65.20) 6 Months 36.70 (27.60) (75.20) 1 Year 54.45 (45.35) (83.29) Note: Based on previous day closing price.
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