Corporate Goverance Issues : Thread 🚩

Stocks
21

Well, they did choose to change their vendor whom they’ve worked with for 20 years :stuck_out_tongue:

1 Like
22
23

Concord Drugs

SEBI received a complaint against the company with regards to its trade receivables and these are the 3 observations found by SEBI:

a)Manufacturing dates given in the invoices were post-dated, indicating that these invoices were false and fictitious.
b) Discrepancies and inconsistencies were observed in the names and addresses of the debtors.
c) Common addresses among various debtors.

2 Likes
24

BLS International

This stock name was recommended by many by tweeting with same content and hashtag on twitter. Think its a new style of pump and dump scheme

2 Likes
25

Polycab India

Very successful largecap but after this news in major lapses in corporate governance - PE multiples should decrease for this stock

2 Likes
26

BGR energy

Promoter is selling at every possible rate daily and stock is down by nearly 50% in 5 days.

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Beauty of bull market is this that lenders have declared this company as an NPA but stock had doubled previously. Time to be alert in many stocks