Shares of Asian Granito India slipped 13% to Rs 162 per share on the BSE in intra-day trade after the company's promoter and managing director Mukeshbhai Patel was arrested by Directorate of Revenue Intelligence on Friday for a case related to an amount of Rs 35 million.
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Shares of gold loan company Muthoot Finance hit a fresh 52-week high of Rs 512 apiece, up 1.4% on Monday. The stock has surged 25% in the past two months, on improved assets quality and expectations of healthy growth going forward. The stock is 3% away from its record high level of Rs 526 touched on September 13, 2017, on the BSE in intra-day trade.
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Shares of Lemon Tree Hotels surged 8% in morning trade on Friday as the company announced forming a joint venture with an affiliate of Warburg Pincus to create a co-living platform.
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