Prakash Industries, J Kumar Infra tank 20% after trading resumes

The SAT stayed restrictions imposed by the Sebi on shares of J Kumar Infra and Prakash Industries.

Prakash Industries and J Kumar Infraprojects have locked in lower circuit of 20% as trading resumes in these two stocks after a gap of three days.

J Kumar Infraprojects has slipped 20% to Rs 227, after hitting a high of Rs 230 on BSE in intra-day trade. A combined 191,195 equity shares changed hands and there were pending sell orders for 177,354 shares on BSE and NSE at 09:24 am.

Prakash Industries too plunged 20% to Rs 111, with no buyers seen on the counter. A combined 960,728 shares changed hands and there were pending sell orders for