Shares of Alpha Graphic, Austral Coke & Projects, Dunlop and Southern Ispat and Energy are locked their respective lower circuits on the back of negative news flow.
According to a circular issued by the BSE, the stock exchange has suspended trading in the above mentioned four stocks along-with another 16 companies with effect from 28 August, 2015.
Alpha Graphic, Austral Coke and Dunlop are locked at their respective 5 percent lower circuit at Rs. 2.51, Rs. 0.51 and Rs. 10.64, respectively. Southern Ispat & Energy is frozen at the 15 percent lower limit at Rs. 0.06.
Aikyam Intellectual Property Consultancy, Central Provinces Railways Company, Centron Industrial Alliance, DOT COM Global, DSJ Communications, Golden Legand Leasing & Finance, Gujarat Narmada Flyash Company, IB Infotech Enterprises, Lifeline Drugs & Pharma, Ind Tra Deco, Insta Finance, Omega Interactive Technologies, PAL Credit & Capital, SMS Techsoft (India), Surya Industrial Corporation and Yantra Natural Resources are the other stocks to be suspended.
The ban will remain in place till further communication from the exchange.
Meanwhile, the Sensex is down 21 points at 26,011.