New Delhi, June 22 -- Multibagger stock Shanti Educational Initiatives jumped 7% on BSE in Monday's trading session following rally in the Indian stock market. The stock opened at Rs.207.50 apiece today, as compared to previous close of Rs.203.60 on Friday. The multibagger stock touched an intraday high of Rs.220 on 22 June.

Meanwhile, the Indian stock market opened higher on Monday, mirroring gains across Asian markets as progress in US-Iran peace negotiations over the weekend fueled optimism that the prolonged conflict may be nearing a resolution. The benchmark Nifty 50 advanced 0.5% to 24,133, while the BSE Sensex climbed 0.52% to 77,192.54 in early trade.

In an exchange filing dated May 21, Shanti Educational Initiatives announced i...