Multibagger Stock huge crash 72 percent share down 100 to 27 rupees 1 lakh decrease 27k rupees – Business News India

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Multibagger Stock huge crash 72 percent share down 100 to 27 rupees 1 lakh decrease 27k rupees – Business News India

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Multibagger Stock Crash: The stock we are telling you about today gave strong returns to its investors in the year 2021. But from 2022 till now this stock is under selling pressure. This stock lost 72.74% of its investors in a year. We are talking about the shares of Brightcom Group Ltd. In the year 2021, it gave a huge return of around 2,500%. At the same time, in the year 2022, it was one of the worst performing companies of India.

Share fell 72% in a year
Shares of Brightcom Group Ltd have lost almost 72% in the last one year. The stock has fallen from Rs 100 to Rs 27 in a year. Let us tell you that this selloff in shares started after the market regulator expressed concern that some of the company’s disclosures and financial transactions have been “harmful” to investors.

This company will give 150% dividend, announced, this is record date

The Securities and Exchange Board of India last year appointed Deloitte Touche Tohmatsu India LLP to conduct a forensic audit of Brightcom’s financials. “Sebi needs to move fast and strengthen its investigative system,” said Harish Kumar, partner, Luthra & Luthra Law Offices India.

These shares climbed up to 160%, upper circuit for a month, names associated with Adani-Ambani

Shankar Sharma’s stake in Brightcom Group
As per the shareholding pattern of Brightcom Group for the July to September 2022 quarter, veteran investor Shankar Sharma holds 2.50 crore shares of Brightcom Group, which is 1.24 per cent of the company’s total paid-up capital.

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