BSE warns investors against unsolicited messages in these Penny shares. Check details

BSE warns investors against unsolicited messages in these Penny shares. Check details

BSE has warned investors against the trade in elegant Floriculture & Agrotech India and SPRIGHT AGRO Scrips based on recommendations from unauthorized or non -registered entities via WhatsApp, Telegram, SMS, calls, social media platforms or in any other way.

It said that investors should remain careful against trapped by claims of a high or insured return on trade on the securities market.

Elegant Floriculture & Agrotech India is a penny share with market capitalization of RS 16 Crore on the BSE. The share ended today at RS 8.07 and fell 0.42 or 4.95% during the closing price on Wednesday. The stock today is a lower circuit of 5% of RS 8.07. There was a sprint in his volumes with more than 1.10 times in today’s trade.

In another release of the media, the exchange warned against certain entities that are reportedly involved in unauthorized activities such as investment/trade recommendations without registration of research analysts.

These entities are Vijay Wealth Advisor, Baadshah Badshah Broking, Baadshah Broking Baadshah, Pankaj Bhardwaj Way2LabH TM Pankaj Bhardwaj Way2Labh.


All these entities work through their telegram channels. “Keep in mind that these persons/entities are not registered as members, nor as authorized person of a registered member of the BSE Limited. Furthermore, they either give investors or insured returns to investors in stock market or offer to request commercial accounts to be involved in investments.

BSE has also advised investors to share their trade references such as users -ID/password with everyone for acting in their account/handling of the portfolio.

The fairs and Market Regulator Securities and Exchange Board of India (Sebi) have warned investors against participation in such types of prohibited regulations.

Participation is at your own risk, costs and consequences of investors such as such schemes are neither approved or approved by the stock exchanges.

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(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)

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