Business Standard

BF Investment hits 10% lower circuit as board defers delisting proposal

The stock had hit a multi-year high of Rs 462.10 on Wednesday, ahead of the board meeting, after it surged 58 per cent in four days


SI Reporter Mumbai
Shares of BF Investment were locked at the 10-per cent lower circuit, at Rs 413.65, on the BSE on Thursday as the board of directors of the company deferred delisting proposal of the promoters.

Till 10:29 AM, around 12,000 shares had cumulatively changed hands and there are pending sell orders for nearly 190,000 shares on the NSE and BSE. In comparison, the S&P BSE Sensex was down 0.03 per cent at 60,641.

Over the past four days, the stock zoomed 58 per cent from a level of Rs 291.75 to hit a multi-year high of Rs 462.10 on

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First Published: Jan 05 2023 | 10:55 AM IST

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