Selloff in Amtek Auto Hits Shares of Group Companies

The selloff in Amtek Auto shares widened to its other group companies on Monday. Castex Technologies, an Amtek group company, fell 5 per cent to hit a low of Rs 46.95. Other group companies Metalyst Forgings and JMT Auto also slumped 5 per cent. All these three Amtek Group companies were locked in lower circuit on the BSE and NSE. Meanwhile, Amtek Auto shares plunged 11.6 per cent to close at Rs 29. Over the last one month, Amtek A...