Business Standard

Manpasand Beverages tanks 20% second straight after auditor resigns

The stock hit a fresh 52-week low of Rs 276 today, plunging 36% in past two trading sessions from Rs 431 on Friday.

Manpasand Beverages. Photo courtesy: manpasand.co.in
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Manpasand Beverages. Photo courtesy: manpasand.co.in

SI Reporter Mumbai
Manpasand Beverages is locked in lower circuit for the second straight day, down 20% at Rs 276 on the BSE. The sharp falls comes after the Deloitte Haskins and Sells resigned as auditor of the company with effect from May 26, 2018.

The stock hit a fresh 52-week low today, plunging 36% in past two trading sessions from Rs 431 on Friday. A combined 64,180 equity shares changed hands and there were pending sell orders for 1.69 million shares on the BSE and NSE at 09:47 am; the exchanges data shows.

Manpasand Beverages informed on Sunday that the

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