Highlight Investment Research is an independent and privately owned organization, has come a long way and today has emerged as a premium Indian stock & commodities consultancy, with an absolute focus on business and a commitment to provide “Real value for money to all its clients”.
Shares of Videocon were locked in 5 percent lower circuit on Thursday as investors reacted to the news of insolvency proceedings being initiated on the firm.
The stock touched an intraday high of Rs 9.00 and an intraday low of Rs 8.62.
The National Company Law Tribunal (NCLT) has admitted the case of Videocon Industries for insolvency proceedings, according to a CNBC-TV 18 report.
As the leader of a consortium of over 20 banks, the State Bank of India (SBI) has moved the National Company Law Tribunal's Mumbai bench to initiate bankruptcy proceedings under the Insolvency and Bankruptcy Code, a banker confirmed.
No comments