Sebi punctures Bharat Global's 10,000% stock rally over fake disclosures

Q: How long will it take to read this news story?

The story "Sebi punctures Bharat Global&#039;s 10,000% stock rally over fake disclosures" has 495 words across 17 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Sebi punctures Bharat Global&#039;s 10,000% stock rally over fake disclosures" was covered 7 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 249 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24595770</li><li>URL: https://beamstart.com/news/sebi-punctures-bharat-globals-10000-17349542446958</li></ul>

Business Standard Logo Business Standard 7h ago

Sebi punctures Bharat Global's 10,000% stock rally over fake disclosures - Business Standard

Quick Summary:

Prior to that, the regulator cancelled the initial public offering of Trafiksol ITS Technologies after a probe revealed a key vendor of the company to be a shell entity.

The case underlines the dark side of India’s stock market boom that has seen its equity benchmarks treble since the pandemic amid a rush of small investors dazzled by impressive returns.

The regulator alleged that the disclosure of the orders from October by company were “false and misleading” and were timed to “benefit” investors of the share offerings.