GSF now contributes 1.5% of the total market capitalization and this keeps on increasing everyday since it increases 50% daily. Many people don't know the existence of GSF. However, much reputed undervalued LFIN contributes only 0.45% of the total market capitalization.
If this increase continues, it will lead to a big disaster. This share is only worth Rs. 20/= and if it crashes say from 2500/= to 20/= it will drag the entire market down.
Why relevant authorities don't take any action to end this drama? It is very easy to trace the manipulators as they trade 1 share at a time continuously.
The new ADS system has lots of drawbacks. Even if only one share traded in a day that also taken into account when calculating ASPI. This is a very big bonus for the manipulators.
If this trend continues for another week, GSF will be the number one share in terms of market capitalization overtaking JKH.