Sebi bars smallcap firm and related entities from trading after alarming surge in stock price | Stock Market News
Source: Live Mint The Securities and Exchange Board of India has temporarily restrained the trading activities of Pacheli Industrial Finance Ltd (PIFL) following an alarming surge in the Mumbai-based company’s stock price and questions surrounding its financial dealings. The market watchdog also restrained six entities—the company’s preferential share allottees—from buying, selling, or dealing in PIFL…