Shares of Videocon Industries Wednesday mistakenly put almost 12 percent of BSE, a day after the World Bank barred it from doing business with for three years for indulging in fraud and corruption.
After opening slightly on Bombay Stock Exchange fell Videocon shares 11.69 per cent to a low of Rs 200
yesterday blocked World Bank Videocon Industries from doing industry with the bank for three years, beginning January 11, 2010, for violation of procurement guidelines. On the National Stock Exchange, subject to stock 8.12 percent to a low of Rs 08.15 2
A total of 9,82,177 shares changed hands on both the bourses in early trade. The World Bank has taken Videocon list of companies that do not qualify for contracts financed by it.
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