The following companies had unusual price changes in India trading. Stock symbols are in parentheses and share prices are as of 9:59 a.m. in Mumbai.
The Bombay Stock Exchange Sensitive Index, or Sensex, fell 416.59, or 2.3 percent, to 18,022.89, its steepest decline since Feb. 24 as all 30 members declined.
Areva T&D India Ltd. (ATD) : The local unit of the world’s biggest supplier of nuclear services tumbled 4.5 percent to 233.15 rupees, poised for its lowest close since May 2009, on concern an accident at a Japanese reactor may curb demand for atomic energy.
Kingfisher Airlines Ltd. (KAIR) slid 4.3 percent to 39.9 rupees, the most since Feb. 24. The majority shareholders of the nation’s second-biggest carrier pledged 55.5 percent of its stock, according to a stock exchange filing.
Suzlon Energy Ltd. (SUEL) fell 3.7 percent to 45.75 rupees, set for its lowest close in more than a month. India’s largest wind-turbine maker said two of its founders sold a 2.25 percent stake in the company, reducing their holding to 54.84 percent.
To contact the reporters on this story: Ameya Karve in Mumbai at akarve@bloomberg.net
To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net
The Bombay Stock Exchange Sensitive Index, or Sensex, fell 416.59, or 2.3 percent, to 18,022.89, its steepest decline since Feb. 24 as all 30 members declined.
Areva T&D India Ltd. (ATD) : The local unit of the world’s biggest supplier of nuclear services tumbled 4.5 percent to 233.15 rupees, poised for its lowest close since May 2009, on concern an accident at a Japanese reactor may curb demand for atomic energy.
Kingfisher Airlines Ltd. (KAIR) slid 4.3 percent to 39.9 rupees, the most since Feb. 24. The majority shareholders of the nation’s second-biggest carrier pledged 55.5 percent of its stock, according to a stock exchange filing.
Suzlon Energy Ltd. (SUEL) fell 3.7 percent to 45.75 rupees, set for its lowest close in more than a month. India’s largest wind-turbine maker said two of its founders sold a 2.25 percent stake in the company, reducing their holding to 54.84 percent.
To contact the reporters on this story: Ameya Karve in Mumbai at akarve@bloomberg.net
To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net
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