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Jaiprakash Trading Halt Persists, Smartworks IPO Opens, Small-Cap Warnings Mount

Regulators have flagged speculative penny-cap trading to curb sudden price swings

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Overview

  • NSE’s suspension of Jaiprakash Associates shares remains active as Adani Group’s ₹12,500 crore takeover bid waits insolvency-court and regulatory approval.
  • BSE has cautioned investors to steer clear of penny stocks IFL Enterprises and GACM Technologies following unverified social-media promotions.
  • Smartworks Coworking Spaces opened its IPO subscription on July 10 with a ₹387–₹407 price band, targeting ₹582.56 crore in fresh capital.
  • Nectar Lifesciences shares plunged to a 52-week low after the company signed a ₹1,270 crore slump-sale agreement to divest its core API business to Safe Lifesciences.
  • A routine IAF Jaguar Trainer training mission ended in a fatal crash near Churu, Rajasthan, and police have launched an investigation into the killing of sand-trader Ramakant Yadav in Patna’s Dhana village.