Bombay Rayon
Bombay Rayon Fashions is engaged in manufacturing textile products consisting of fabrics and garments.
The stock of Bombay Rayon fell due to rising year-on-year losses. It clocked losses of Rs 282.07 crores in FY18 and Rs 151.23 Crores in FY17, as well as high levels of debt which are in excess of Rs 4,000 crores. Kwality
Incorporated in 1992, Kwality has six milk processing units in Uttar Pradesh, Haryana, Uttrakhand and Rajasthan with a capacity of 3.2 million litres per day.
It sells milk and milk products under different brands, including Kwality and Dairy Best. Its stock declined when global private equity firm KKR filed an insolvency plea against the dairy firm Kwality Ltd before the National Company Law Tribunal (NCLT). In 2016, Kwality Ltd had announced that it had raised Rs 300 crore from KKR India Financial Services to fund its expansion plans and enter into consumer segment. PC Jeweller
PC Jeweller is engaged in the business of manufacture, retail and export of jewellery.
PC Jeweller share price came under pressure after Vakrangee bought 20 lakh PC Jeweller shares at Rs 561.71 apiece on January 25, aggregating to Rs 112.32 crore. It lead to a massive sell off and Sebi enquiry. Vakrangee is already going through a Sebi probe on stock manipulation of the company.
Jaypee Infra
Jaypee Infratech Limited (JIL) is engaged in real estate development.
Its shares fell when Yamuna Expressway Industrial Development Authority (YEIDA) cancelled building maps of 7 housing projects owned by Jaypee Infratech. Crisis-hit Jaypee group firm Jaypee Infratech is presently facing insolvency proceedings after it defaulted on loan repayments.
TV Vision
TV Vision is an independent listed company under SABGROUP engaged in the business of broadcasting and content production.
Its current broadcasting bouquet consists of Mastiii, Maiboli, Dabangg, Dhamaal Gujarat and Dillagi. Infibeam Avenues
Infibeam Avenues Limited is an Indian internet and e-commerce conglomerate involved in digital payments, online retailing, e-commerce software and internet services.
Traders have unwound long positions in Infibeam Avenues after a WhatsApp message surfaced alleging corporate governance issues in the company. The stock plunged a record 73 per cent due to the WhatsApp message.
Adlabs Entertainment
Adlabs Entertainment Limited is engaged in the business of development and operations of theme-based entertainment destinations in India, including theme parks, water parks and associated activities, including retail merchandising and food and beverages (F&B).
The shares of Adlabs slumped when rating firm ICRA downgraded the long-term rating on the Rs 1100 crore long-term loans of Adlabs Entertainment Ltd to 'D' from 'BB+' due to some delays by the company in servicing its debt obligations on account of weak liquidity position.
Va Tech Wabag
Va Tech Wabag Ltd. is an Indian multinational company with headquarters in Chennai. Founded in Breslau in 1924, the company is a pure-play water technology company focussed on water treatment for municipal and industrial users.
The share price is consistently declining as execution challenges and delay in finalising large infrastructure projects are coming in the way of its growth.
Manpasand Beverages
It owns brands such as MangoSip, Fruits Up, Manpasand ORS, and OXY Sip. Its MangoSip brand was the second-largest selling mango drink in India in 2014.
The share price of Manpasand fell abruptly when Deloitte Haskins & Sells India quit as the auditor of Beverages on May 28, 2018 a few days before the declaration of annual results.