According to June shareholding pattern filed by Cox & Kings, the promoters' holding in the company declined to 39.73 per cent from 49.80 per cent at the end of March 2019 quarter. Corporate bodies' stake in the company increased to 12 per cent from 3.76 per cent during the quarter, data showed.
In the past one month, the stock tanked 73 per cent, as compared to a three per cent decline in the S&P BSE Sensex. Thus far in the calendar year, it plunged 90 per cent from level of Rs 167, against a 6 per cent rise in the benchmark index.
Till 01:44 pm; a combined 42,280 equity shares had changed hands and there were pending sell orders for 9.1 million shares on the BSE and NSE.