AV Cottex (Rs34)
Manipulation seems to be rampant in AV Cottex. This company is in the business of trading in cotton yarn. In the March 2010 quarter, it posted sales of Rs3.06 crore. This was a remarkable achievement because there have been six quarters when the company did not post any sales at all! In the absence of any sales in the June 2008 to December 2009 quarters, it posted operating...
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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