New Delhi, July 27 -- SME stock Gulf Lloyds (India) listed flat on the BSE on Monday, 27 July, and hit its 5% lower circuit in an otherwise positive market. Gulf Lloyds' share price opened at Rs.100, at par with the issue price, and dropped 5% to its lower price band of Rs.95.

Around 10:10 AM on Monday, the SME stock was locked at its lower price band, while the equity benchmark Sensex was 0.70% up at 76,594.

More to come.

Published by HT Digital Content Services with permission from MINT....