Iifl securities

Today i tried to buy iifl securities stocks after reading the news about Mr. Rakesh Jhunjhunwala buying these stocks. But the price did not move from 47. And my order was not executed even though i had requested for 47. Why did this happen?

The stock hit upper circuit (Rs 47) so there will be too many buyers and few/no sellers that’s why your order didn’t get executed.

Got it. Thanks