<p>The investors of Coffee Day Enterprises have lost Rs 813.3 crore during the day’s trade, as its founder, V G Siddhartha has gone missing in Mangaluru and is suspected to have committed suicide.</p>.<p>The company’s market capitalisation fell to Rs 3,254.33 crore from during the day’s trade, from yesterday’s Rs 4,067.7 crore, a drop of 20%.</p>.<p>Coffee Day Enterprises' stock price formed a gap down chart pattern today and started the day at a loss of 19.99% or 38.50 points at Rs 154.05 on BSE, also the stock's all-time and new 52 week low.</p>.<p>There are only sellers in the stock with pending sell orders worth 23,39,298 shares on BSE and 85,99,029 shares on NSE and no buyers standing. Volume-wise, 108,414 shares (including BSE and NSE) trade on the bourses.</p>.<p>VG Siddhartha's stake in Cafe Coffee Day stands at 32.75%, of which 71.4% or 4.93 crore shares are pledged. Debt-wise, the borrowings of CCD have spiked by 63.54%, from Rs 4,003.47 crore on March 18 to Rs 6547.38 crore in March 2019.</p>
<p>The investors of Coffee Day Enterprises have lost Rs 813.3 crore during the day’s trade, as its founder, V G Siddhartha has gone missing in Mangaluru and is suspected to have committed suicide.</p>.<p>The company’s market capitalisation fell to Rs 3,254.33 crore from during the day’s trade, from yesterday’s Rs 4,067.7 crore, a drop of 20%.</p>.<p>Coffee Day Enterprises' stock price formed a gap down chart pattern today and started the day at a loss of 19.99% or 38.50 points at Rs 154.05 on BSE, also the stock's all-time and new 52 week low.</p>.<p>There are only sellers in the stock with pending sell orders worth 23,39,298 shares on BSE and 85,99,029 shares on NSE and no buyers standing. Volume-wise, 108,414 shares (including BSE and NSE) trade on the bourses.</p>.<p>VG Siddhartha's stake in Cafe Coffee Day stands at 32.75%, of which 71.4% or 4.93 crore shares are pledged. Debt-wise, the borrowings of CCD have spiked by 63.54%, from Rs 4,003.47 crore on March 18 to Rs 6547.38 crore in March 2019.</p>
