SEBI takes action against Supreme Tax Mart promoters indulging in jacking up stock prices
There is a SEBI action on promoters who indulge in jacking up share prices by sending SMSs. The order has come against promoters of Supreme Tax Mart. The promoters have been indulging in practice of sending SMSs in bulk asking investors to buy the company shares
At the time when SEBI found this, the stock was trading around Rs 3 and the traget of Rs 5 was given and it was said that the target will go up further