Videocon Industries stock hits record low on bankruptcy process

The stock has been losing for the last nine days and has fallen
27.03% during the period. The Mumbai bench of National Company Law
Tribunal (NCLT) admitted the firm under the Insolvency and Bankruptcy
code on June 6. Videocon's total debt stood at Rs 18,745 crore as of
September 2017, Thomson Reuters data showed.

Read more: https://www.businesstoday.in/markets/com...

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