Money Matters promoters up stake in company, stock up 5%
Money Matters (India) Private Limited, a promoter group company, late Friday informed the NSE that it had bought 8.28 lakh shares (2.38% of the company’s equity) through open market purchases on June 9.
June 13, 2011 / 13:13 IST
Moneycontrol Bureau
The stock is down more than 90% from its record high of Rs 806 seen end-October last year. Yet some punters are still trying their luck in Money Matters Financial Services shares, which have been sliding since the arrest of its promoter Rajesh Sharma for allegedly bribing public sector bank officials to get loans for its clients.Money Matters (India) Private Limited, a promoter group company, late Friday informed the NSE that it had bought 8.28 lakh shares (2.38% of the company
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