Locked in upper circuit: This small-cap stock of ace investor Shankar Sharma hit 5 per cent higher straight three days!
The shares were stuck in the upper circuit of 5 per cent at Rs 22.64 today against the previous close of Rs 21.57 on BSE.
Today, Brightcom Group shares locked in 5 per cent upper circuit after the company clarified it would take remedial measures to better its financial disclosures. Brightcom shares were frozen at the BSE's upper price circuit of Rs 22.64 per share.
The ace investor Shankar Sharma company's exchange filing stated that the media filing focused on financial issues, such as an interim order and a show-cause notice issued by the Securities and Exchange Board of India (SEBI) addressing the company's financial records.
At the time of writing, the share of this company was trading at Rs 22.64 up by 4.96 per cent or 1.07 points to the previous closing of Rs 21.57. The scrip opened at Rs 22.64 and has touched a high and low of Rs 22.64 and Rs 22.64 respectively. So far 41,49,293 shares were traded on the counter.
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Brightcom Group is a global digital marketing and technology company that helps brands connect with consumers across all channels. The company offers a wide range of services, including advertising technology, marketing automation, and customer experience management. Brightcom has a strong presence in the Asia-Pacific region and is headquartered in Hyderabad, India.
Brightcom offers a suite of advertising technology solutions that help brands reach their target audiences across all channels. These solutions include ad serving, programmatic advertising, and data management platforms.