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Emmbi Polyarns :Lootere

Desh DrohiEmmbi Polyarns

Yesterday this stock was Listed.

Issue price Rs.45

Total 95,74,000 equity shares

(Ninty Five lac seventy four thousand shares only)

Yesterday volume :

NSE :61,482,680

BSE :57,173,032

vOLUME

Just see Total volumes :

-11 crore 86 lac 55 thousand 712 shares.

-Offer price Rs.45

-Stock crashed to 26.65

-Down by 36 %

I just want to know who is having time in India to trade so much qty ?

Who will take responsibility of this stock crash ?

-Either 26 is wrong or 45 was wrong ?

-More then 10 time volume of total equity.(It happens only in India )

A Million Dollar question :Now What to do ?Who will take step to check volume was done or created or something else ??

Keep Thinking.

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