Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here's why
60-Word AI Digest
Polycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolvency proceedings initiated against the company, although NCLAT has stayed the NCLT order. Existing derivative contracts will continue until their respective December expiries.
Key Takeaways
- Polycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30.
- The move follows insolvency proceedings initiated against the company, although NCLAT has stayed the NCLT order.
- Existing derivative contracts will continue until their respective December expiries.
Polycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolvency proceedings initiated against the company, although NCLAT has stayed the NCLT order. Existing derivative contracts will continue until their respective December expiries.
Original Publisher Attribution
This summary was curated from Economic Times.