The stock went down by 2.89 per cent to close at Rs 58.70 on BSE. Intra-day, it lost 5.21 per cent to Rs 57.30 -- its 52-week low level.
On NSE, shares of the company fell by 2 per cent to settle at Rs 58.65.
The stock had fallen by nearly 7 per cent in intra-day yesterday.
The CBI had yesterday carried out searches at the residence of Roy and registered a case against him, his wife Radhika and RRPR Holdings for allegedly causing loss of Rs 48 crore to ICICI Bank.