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.
Comments(1)
I have bought shares of DCHL at 47 INR , but as the condition of the company I am not able to sell it , Can you suggest will the condition will worse or improve
Posted by Sameer at 10/19/2012 08:48 Reply to this Report abuse