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Clean Science and Technology Shares Experience Volatility Due to Broker Error
Clean Science and Technology Shares Experience Volatility Due to Broker Error
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BTCCSquare news:
Shares of Clean Science and Technology plunged to a 52-week low following a broker's erroneous trade, triggering wild price swings. The stock opened at ₹1,125 on the NSE before dropping nearly 5% to ₹1,070.50. After the company clarified the error, shares surged over 17% to an intraday high of ₹1,256.80, only to fall back to ₹1,135.10 within 30 minutes.
Market sources attributed the volatility to a broker mistakenly selling double the intended shares during a planned stake sale by promoter members. The company confirmed the error in an exchange filing, noting remedial actions were underway. The stock closed 2.8% lower, capping a turbulent session marked by rapid recoveries and sell-offs.
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