MCX shares plunged over 80% to Rs 2,192 as the stock turned ex-split on its record date for a 5:1 split, a mechanical price adjustment rather than a fundamental decline, with eligible shareholders set to receive additional shares.
NHPC’s offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to 6% of its stake.
The complaint, a copy of which was seen by ET, was also sent to the Serious Fraud Investigation Office (SFIO), National Financial Reporting Authority (NFRA)
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