Polycab India shares fall 6% in two sessions. What’s triggering the selloff?
60-Word AI Digest
Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30. The move follows an insolvency petition admitted by NCLT over alleged dues of Rs 2.79 crore, which has since been stayed by NCLAT pending an October 26 hearing.
Key Takeaways
- Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30.
- The move follows an insolvency petition admitted by NCLT over alleged dues of Rs 2.79 crore, which has since been stayed by NCLAT pending an October 26 hearing.
- Full details and original dispatch available below.
Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30. The move follows an insolvency petition admitted by NCLT over alleged dues of Rs 2.79 crore, which has since been stayed by NCLAT pending an October 26 hearing.
Original Publisher Attribution
This summary was curated from Economic Times.