Gitanjali Gems, Amtek Auto locked in 5% lower circuit on trade suspension

Amtek Auto hit a multi-year low of Rs 6.52, down 5% on the BSE, while Gitanjali Gems trading 5% lower at Rs 2.88, close to its record low of Rs 2.75 touched on May 4, 2018.

Shares of Gitanjali Gems and Amtek Auto are locked in the lower circuit of 5% after the BSE and NSE announced the suspension of trading in shares of nine firms including these two from September 10, 2018. The suspension is for not complying with listing norms pertaining to submission of financial results.

Amtek Auto hit a multi-year low of Rs 6.52, down 5% on the BSE. A combined 203,804 equity shares changed hands on the counter and there were pending sell orders for around one million shares on the BSE and NSE.

Gitanjali Gems was trading 5% lower