Parsvnath Developers, Pincon Spirit hit lower circuit as trading resumes

Kavit Ind, Signet Industries, Kalpana Ind and SQS India plunged upto 20% in early morning trade

Shares of Parsvnath Developers, Kavit Industries, Pincon Spirit and Signet Industries are locked in their respective lower circuits as trading resumed in these stocks after a gap of one week. Besides these four, Kalpana Industries and SQS India too plunged 20% in early morning trade on the BSE.

The Securities Appellate Tribunal (SAT) on Friday extended interim relief to six more companies, earlier barred from trading by the markets regulator, Securities and Exchange Board of India (Sebi), for being "suspected shell companies". On Thursday, SAT stayed restrictions imposed by the Sebi on shares of J Kumar Infraprojects and Prakash