5paisa Capital makes U-turn; hits lower circuit after rising in early trade

The stock was locked in the upper circuit for the eight straight day, up 5% at Rs 329 on BSE, surging more than 72% in the past nine days.

Making a U-turn, shares of 5paisa Capital hit a lower circuit limit of 5 per cent at Rs 297.55 apiece on BSE after hitting an upper circuit in the early trade on Tuesday.  

The stock was locked in the upper circuit of 5 per cent at Rs 329 in the early deals today. It was the eighth straight day that the stock hit an upper circuit, surging more than 70 per cent in the past nine days after the promoter increased stake in the company.

Since December 26, the stock of 5paisa Capital has rallied 72 per cent from Rs