|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||3.65 - 4.00|
|52-week range||3.61 - 27.30|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||2.00 (1.88%)|
|1y target est||193.00|
Mumbai, June 13 (IANS) Videocon Industries' stocks plunged more than 4.90 per cent on Tuesday, a day after it said that "Corporate Insolvency Resolution Process" (CIRP) has been commenced against ...
Mumbai, June 13 (IANS) Videocon Industries' stocks plunged more than 4.90 per cent on Tuesday, a day after it said that "Corporate Insolvency Resolution Process" (CIRP) has been commenced against the company.
Videocon said demonetisation forced the company to shut the cathode ray tube television business, while its telecom business suffered losses after the SC cancelled 156 licenses of telecom operators.
Videocon Industries, which was admitted by the NCL for insolvency proceedings last week, owes a consortium of banks led by the State Bank of India around Rs 39,000 crore
The stock has been losing for the last nine days and has fallen 27.03% during the period. The Mumbai bench of National Company Law Tribunal (NCLT) admitted the firm under the Insolvency and Bankruptcy code on June 6. Videocon's total debt stood at Rs 18,745 crore as of September 2017, Thomson Reuters data showed.
India's Videocon Industries Ltd said on Tuesday it sold its entire stake in its joint venture with U.S.-based Liberty Mutual Insurance Group to Diamond Dealtrade Ltd and Enam Securities Pvt Ltd. Videocon, ...