📉 EQUITAS SFB: STOCK CRASHES 20% IN THE FINAL 30 MINUTES
EQUITASBNK
plunged nearly 20% to ₹52.11 on October 29, erasing around ₹13 per share after MD & CEO P N Vasudevan’s resignation announcement.
The stock traded largely around ₹64–66 for most of the session before witnessing a sharp sell-off in the final 30 minutes, accompanied by a significant spike in trading volumes.
The sudden reaction suggests investors are pricing in heightened uncertainty around leadership succession, governance perceptions and potential regulatory developments.
Investor takeaway: The sharp fall signals a major reassessment of near-term risk. Investors should watch for clarity on the succession process and any further regulatory disclosures before assessing whether the correction presents a buying opportunity.