Meanwhile, the BSE Sensex was down 129.57 points, or 0.67%, to 19275.53.

On BSE, 11.16 lakh shares were traded in the counter as against an average daily volume of 3.13 lakh shares in the past one quarter.

The stock hit a low of Rs 190.55 earlier in the day, which is a 52-week low for the counter. The stock had hit a record high of Rs 540.10 on 31 March 2010.

The stock had underperformed the market over the past one month till 29 November 2010, tumbling 52.72% compared with the Sensex's 3.13% fall. It also underperformed the market in past one quarter, slumping 54.01% as against 7.82% rise in the Sensex.

The mid-cap realty firm has an equity capital of Rs 243.26 crore. Face value per share is Rs 10.

The stock had slumped 52.50% in eleven consecutive sessions to Rs 198 on 29 November 2010 from a recent high of Rs 416.85 on 11 November 2010 after media reports named the company as being involved in a bribe-for-loan scandal.

The company's managing director Shahid Balwa told the media that the firm has not paid any bribe for loans. There is a malicious campaign against the company, he said. The fall in the share price is attributable to speculative media reports, he added.

The company has given all required documents to the Central Bureau of Investigation (CBI) in a probe related to loans by LIC Housing Finance, DB Realty's another managing director Vinod Goenka said in a television interview. The company took a Rs 200 crore loan from LIC Housing earlier this year and is paying 13.5% on the debt, Goenka is reported to have said.

The Central Bureau of Investigation (CBI) recently issued notices to a total of 21 companies as it intensified its probe into a bribes-for-loans racket but ruled out that this is a case of corporate fraud.

Balwinder Singh, special director of the Central Bureau of Investigations was quoted by the media as saying that some companies have already replied to the notices and that the CBI will scrutinize the documents already received before taking the investigation any further.

The CBI issued notices to companies including Lavasa Corporation, a unit of Hindustan Construction Co; DB Realty; Pantaloon Retail (India); Religare Enterprises and Jaiprakash Associates unit JP Hydro-Power, recently renamed Jaiprakash Power Ventures.

The CBI last week arrested eight senior officials of state-run lenders, an insurance firm and a financial services firm. The CBI accused the senior officials of allegedly takings bribes from executives of financial services firm Money Matters Group to facilitate loans to several companies, including property developers. News of the alleged bribery scandal has rattled stock market investors and prompted the government to ask all state-run lenders and insurers - even those not involved in the alleged bribe scandal - to examine their potential exposure to these firms.

D B Realty's net profit surged 216.7% to Rs 150.02 crore on 116% growth in total income to Rs 169.04 crore in Q2 September 2010 over Q2 September 2009