Mukta Arts plunges nearly 7% on Bombay HC order

Published on Fri, Feb 10, 2012 at 09:25 |  Source : Moneycontrol.com

Updated at Fri, Feb 10, 2012 at 09:33  

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Mukta Arts plunges nearly 7% on Bombay HC order

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The share price of Mukta Arts plunged nearly 7% on news that the Bombay High Court (HC) has cancelled land allotment to the company. The HC also directed Subhash Ghai to return Rs 14.5 crore, reports CNBC-TV18.

Mukta Arts touched an intraday high of Rs 36.70 and an intraday low of Rs 33.50. At 09:22 hrs the share was quoting at Rs 35.80, down Rs 2.65, or 6.89%.
 
It was trading with volumes of 17,668 shares. In the previous trading session, the share closed up 12.76% or Rs 4.35 at Rs 38.45.

  

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