STOCK MANIPULATION


Moneylife Digital Team 03 March 2016
Vaarad Ventures shot up by 788% between April 2015 and February 2016   Vaarad Ventures (initially known as NHN Corporation and later as Atco Corporation) is, currently, an investment company which conducts business through its subsidiaries. Its four subsidiaries are into packaged...

Read More



Moneylife Digital Team 17 February 2016
Novagold Petro-Resources shot up by 691% between February 2015 and February 2016   Novagold Petro-Resources Ltd (NPRL) trades in shares and provides other financial services, according to its annual report of 2015. NPRL was earlier known as Osian LPG Bottling. As the name suggests, it...

Read More



Moneylife Digital Team 04 February 2016
Dynacons Technologies shot up by 433% between May 2014 and January 2016   Dynacons Technologies is, supposedly, a distribution, marketing and logistics company for IT industries and derives its revenue by selling IT products. In the quarter ended September 2015, it generated revenues...

Read More



Moneylife Digital Team 21 January 2016
Dhoot Industries shot up by 697% between May 2015 and January 2016   The main business of Dhoot Industries is financing—loans and project finance—according to its annual report for FY14-15. Strangely, on the company’s website (dhootindustries.net), it is mentioned that it deals in...

Read More



Moneylife Digital Team 07 January 2016
Cambridge Technology Enterprises shot up by 3908% between February 2014 and December 2015   Cambridge Technology Enterprises (CTE) is supposed to be an information technology service-provider. CTE had a big bang initial public offering (IPO) in February 2007 that smacked of price...

Read More



Moneylife Digital Team 23 December 2015
Vitan Agro Industries shot up by 1465% between July 2014 and December 2015   Vitan Agro Industries is into “trading of agro-based consumer goods such as pulses, grains, etc.” According to its annual report of FY14-15, it plans to venture into delivering packed lunches to companies,...

Read More



Moneylife Digital Team 09 December 2015
Mahanivesh shot up by 502% between March 2014 and December 2015   Mahanivesh is supposedly into arranging ‘project finance’ and investments. But its main income is from trading. In September 2015, the company’s management decided to pursue the fad of the decade—e-commerce—and decided...

Read More



Moneylife Digital Team 25 November 2015
Himachal Fibres shot up by 3318% in just over a year   Himachal Fibres manufactures cotton and synthetic blended yarn. The business, however, seems to be going through a tough time. The textiles manufacturer reported a decline in sales in four of the past five quarters up to September...

Read More



Moneylife Digital Team 10 November 2015
Viaan Industries partly-owned by Shilpa Shetty shot up by 2,156% in just over a year. Just 1-2 shares of were traded per day   Hindusthan Safety Glass Industries was a Kolkata-based, defunct, listed glass company. Last year, Bollywood actress Shilpa Shetty Kundra and her husband Ripu...

Read More



Moneylife Digital Team 28 October 2015
Aviva Industries company has no business, no income; yet its share price has shot up 194%   Aviva Industries (earlier known as Ankush Synthetic) was trading in chemicals. Over the past few years, Aviva has not done any business; hence, there is no income. With no income, Aviva...

Read More



Moneylife Digital Team 14 October 2015
Stampede Capital shot up by 1045% from its low in January 2014. With just about 2,700 shareholders on its books, the stock has averaged 500 trades a day   Stampede Capital claims to provide a direct market access platform and algorithmic trading platforms to its clients through...

Read More



Moneylife Digital Team 01 October 2015
Despite its strange financials, in about six months, beginning January 2014, BITS staged a 342% rally   BITS—earlier known as Bureau of Information Technology Services—is in the information technology (IT) business. It claims to provide education solutions. For the whole year ended...

Read More



Moneylife Digital Team 16 September 2015
Why is the loss-making GR Cables generating such humungous gains and displaying extreme volatility?   GR Cables supposedly manufactures telecom cables. In its annual report for FY13-14, the management states that, due to non-availability of sufficient working capital facilities, it...

Read More



Moneylife Digital Team 02 September 2015
The share price of Asya Infosoft jumped 1085% in just about 17 months despite negligible profits   Asya Infosoft (Asya) has been involved in several failed business activities in the past. Formerly known as Saya Housing Finance, it was into providing home loans. In 2008, Saya was...

Read More



Moneylife Digital Team 19 August 2015
TCM, a sick company with no revenues has shot up 291%   TCM was into production of chemicals used in industries. In 2004, it was declared sick and registered with the Board for Industrial and Financial Reconstruction (BIFR). All operations were closed as the net worth of TCM had been...

Read More



Moneylife Digital Team 05 August 2015
The share price of Sapan Chemicals was up 743%, in just about six months. On an average, there were just three-four trades per day   Sapan Chemicals—earlier known as Suryadeep Salt Refinery & Chemicals Works—is into ‘development and marketing of software along with consultation for...

Read More



Moneylife Digital Team 22 July 2015
In just five months, the stock price of Kumar Wire Cloth shot up 858%. Prior to February 2015, there was, literally, no trading   Kumar Wire Cloth Manufacturing Company (KWCMC) is supposedly into wire-mesh products for various industries such as pharmaceuticals, textile yarns, and...

Read More



Moneylife Digital Team 08 July 2015
The stock price of GBG rallied 399% unhindered, in three months, despite no business activities   Gajra Bevel Gears (GBG) is a dud company. Over the years, accumulated losses have eroded its entire net worth and made the company financially sick. The company stopped all...

Read More



Moneylife Digital Team 24 June 2015
Despite terrible financials, the stock price of Birdhi Chand Pannalal Agencies appreciated by more than 3451%, or 36 times in 9 months   Birdhi Chand Pannalal Agencies Limited (BCPAL) was earlier in the textiles business. In May 2015, the management decided to change the name of the...

Read More



Moneylife Digital Team 10 June 2015
A perfect example of a pump and dump stock, Dalal Street Investments rose by 11600% and soon declined 97%    Listed on the BSE in 2001, Dalal Street Investments (DSI) ostensibly deals in shares and securities. Over the past four quarters ended March 2015, DSI reported total revenue of...

Read More

Free Helpline
Legal Credit
Feedback