Brightcom Group turns multibagger in just one month, soars 102%

Brightcom Group's shares have surged by 102% in a month, despite concerns over the ad-tech and digital advertising company's accounting practices after a Sebi show-cause notice. In April, the shares hit a year-low after allegations of fraud in its year-end financial statements, which SEBI found camouflaged accounting entries in excess of Rs 1,280 crore between FY19 and FY20. A recent dramatic turnaround has brushed aside investor concerns, however, with the majority public shareholders seeing shares locked at the upper circuit last week at Rs 20.55.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.