Sahara Housingfina drops 15% as SEBI freezes Sahara accounts

14th February 2013 04:18 PM

Sahara Housingfina Corporation plunged after Securities and Exchange Board of India (SEBI) ordered freezing of bank accounts and attachment of all investments and properties of two group firms and their top executives.

The SEBI order is based on an affidavit filed on behalf of Sahara India Real Estate Corporation and Sahara Housing Investment Corporation to the Supreme Court where they had given details of the investment made from the monies generated through debentures. Shares of the companyare trading at Rs 46.25, down Rs 8.15, or 14.98% at the Bombay Stock Exchange (BSE) on Thursday at 2:52 p.m.The scrip has touched an intra-day high of Rs 48.90 and low of Rs 44. The total volume of shares traded at the BSE is 19,606.In the earlier session, the shares rose 0.65%, or Rs 0.35, at Rs 54.40. Currently, the stock is trading at all time 52-week low, which is below 76.63% over the 52-week high of Rs 197.90.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 58.75 (4.35) (7.40) 1 Month 71.30 (16.90) (23.70) 3 Months 66.00 (11.60) (17.58) 6 Months 90.90 (36.50) (40.15) 1 Year 83.45 (29.05) (34.81) Note: Based on previous day closing price.
A+ A A-
Post a Comment
*
1000 characters left

All comments will be reactively moderated

Disclaimer: The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. Comments are automatically posted live; however, newindianexpress.com reserves the right to take any or all comments down at any time.

Recent Activity

What's Hot?