Shares of Rajesh Exports fall for a second consecutive trading day and hit the 5% “lower circuit” on the BSE following an order by the Securities and Exchange Board of India (Sebi), according to reports. The declines extend the previous day’s drop as the stock continues trading at the lower limit permitted for the day. One report notes the shares decline to the lower circuit level for the second straight day, while another specifies the percentage movement and the traded price. The Hindu reports that the stock declines 4.97% to reach the lower circuit limit of ₹99.45 on the BSE. Both outlets link the continued fall to the Sebi order that triggered the initial weakness in the stock. The reports focus on the share price movement and circuit limit behavior rather than detailing the broader implications of the regulator’s order.
Rajesh Exports shares hit 5% lower circuit for second straight day after Sebi order
Shares of Rajesh Exports fall for a second consecutive trading day and hit the 5% “lower circuit” on the BSE following an order by the Securities and Exchange Board of India (Sebi), according to repor...
- Rajesh Exports shares decline for a second consecutive day.
- The stock hits the BSE 5% lower circuit limit after a Sebi order.
- The Hindu reports the shares fall 4.97% to ₹99.45 on the BSE.
- Both reports attribute the drop to the Sebi order.
Extending its previous day's decline, the stock further declined 4.97% to hit the lower circuit limit of ₹99.45 on the BSE
2 months agoRajesh Exports shares hit lower circuit for nd straight day after Sebi order
2 months ago
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