C&C Constructions, one of India's fastest growing construction conglomerates, announced that Deepak Dasgupta has tendered his resignation from the board of directors of the company with effect from Feb. 18, 2014.
The stock had underperformed the market over the past one month till Feb. 25, 2014, falling 32.26% compared with the Sensex's 1.33% decline. It underperformed the market in past one quarter, declining 38.05% as against 1.20% rise in the Sensex.|
Shares of the company gained Rs 1.4, or 6.17%, to settle at Rs 24.10. The total volume of shares traded was 678 at the BSE (Wednesday).