AB Cotspin India Ltd Sees Significant Drop in BSE's 'B' Group
AB Cotspin India Ltd leads losers in 'B' group
Business Standard
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On April 24, 2026, AB Cotspin India Ltd experienced a sharp decline of 19.99%, making it the largest loser in the Bombay Stock Exchange's (BSE) 'B' group, trading at ₹311.15. Other notable losers included Orissa Bengal Carrier Ltd and Industrial Investment Trust Ltd, with losses of 13.19% and 9.21%, respectively.
- 01AB Cotspin India Ltd was the biggest loser, dropping 19.99%.
- 02Orissa Bengal Carrier Ltd and Industrial Investment Trust Ltd also faced significant declines.
- 03Trading volumes for AB Cotspin were notably higher than its monthly average.
- 04Khaitan Chemicals & Fertilizers Ltd and Lotus Eye Hospital & Institute Ltd also reported losses.
- 05The overall market sentiment appears negative for these stocks.
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On April 24, 2026, AB Cotspin India Ltd led the losers in the Bombay Stock Exchange's (BSE) 'B' group, plummeting 19.99% to ₹311.15. This marked a significant drop as 7,905 shares were traded, far exceeding its average daily volume of 1,256 shares over the past month. Following AB Cotspin, Orissa Bengal Carrier Ltd saw a decline of 13.19%, trading at ₹50.35, with only 25 shares exchanged compared to a monthly average of 185 shares. Industrial Investment Trust Ltd fell 9.21% to ₹167.5, with 7,710 shares traded against an average of 3,520 shares. Khaitan Chemicals & Fertilizers Ltd and Lotus Eye Hospital & Institute Ltd also recorded losses of 8.79% and 8.78%, respectively, indicating a broader negative trend in the 'B' group stocks on the BSE.
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The significant drop in stock prices may affect investor confidence and could lead to increased selling pressure in the market.
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