Sahara Housingfina drops on Subroto Roy arrest - The New Indian Express

Sahara Housingfina drops on Subroto Roy arrest

Published: 28th February 2014 02:19 PM

Last Updated: 28th February 2014 02:19 PM

Sahara Housingfina Corporation, engaged in providing different kinds of housing loans, dropped on Friday after Sahara chief Subrata Roy was arrested today in Lucknow after he surrendered to the UP Police in a case of non-refund of Rs 200 billion to investors. Shares ofthe companyare trading at Rs 38, down Rs 0.7, or 1.81% at the Bombay Stock Exchange (BSE) on Friday at 12:55 p.m.The scrip has touched an intra-day high of Rs 38.50 and low of Rs 37. The total volume of shares traded at the BSE is 4,765.In the earlier session, the shares lost 3.61%, or Rs 1.45, at Rs 38.70. Currently, the stock is trading down 35.59% from its 52-week high of Rs 59 and above 26.67% over the 52-week low of Rs 30.

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