Aksh Optifibre share price slips 4% after CFO resignation

Aksh Optifibre share price slips 4% after CFO resignation

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Aksh Optifibre share price declined 4 percent intraday on December 2 following the resignation of chief financial officer Pawan Kumar Gambhir.

Gambhir resigned from the position of CFO with effect from November 29, 2019 due to personal reasons, the company said in BSE release.

At 1151 hours, Aksh Optifibre was quoting at Rs 6.92, down Rs 0.15, or 2.12 percent, on the BSE.

The share touched its 52-week high of Rs 26.80 and 52-week low of Rs 5.27 on November 27, 2018 and August 23, 2019, respectively.

It is trading 74.18 percent below its 52-week high and 31.31 percent above its 52-week low.

In the last six months, the share price has slipped 50 percent, while in last one year the decline has been 73 percent.Get access to India’s fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code “GETPRO”. Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.

courtsey By – https://www.moneycontrol.com/news/buzzing-stocks/aksh-optifibre-share-price-slips-4-after-cfo-resignation_13233421.html

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