Technical Analysis: SBI Cards and Payment Services, Repco Home Finance, North Eastern Carrying Corporation (NECC) thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
A mini storm appears to be brewing in the smallcap equities market after the Enforcement Director seized the assets of several entities for their alleged involvement in the Mahadev betting scam
According to the ED, Tibrewala has been laundering the proceeds from the betting operations by investing the money in shares of companies listed on the BSE and NSE.
In the last 5 days, the shares of North East Carrying Corporation have given a return of 11 per cent to the investors while in the last one month it has given a return of 19 per cent.