SEBI acting on 'old facts', says Sahara; shares jump 19%!
New Delhi: Subrata Roy's Sahara Housing Fina Corporation and Sahara One Media & Entertainment shares yesterday staged a smart recovery to end with gains after falling sharply in morning session on Sebi ordering accounts freezing and asset attachment in the Sahara investor refund case.
Sahara Housing Fina, which saw a steep fall of over 19 per cent during the day, recouped the losses and ended 0.18 per cent higher at Rs 54.50 on the BSE.
Sahara One Media & Entertainment rose by 4.99 per cent to settle at Rs 90.55. Intra-day, the scrip had tanked nearly 5 per cent to Rs 82.10 -- also its 52-week low.