New Delhi, April 8 -- Multibagger mid-cap stock Knowledge Marine & Engineering Works jumped 4.20% in Wednesday's trading session amid the stock market rally. The stock opened at an intraday higher of Rs.1,750 in the early morning session today, as compared to the previous close of Rs.1,660.80 on Tuesday.

Knowledge Marine & Engineering share price rally came in after Indian indices - Sensex and Nifty - gained over 4% on Wednesday, as the US and Iran agreed to a two-week ceasefire, sparking a rally across global markets.

The Sensex surged 2,989 points, or 4%, to reach its intraday high of 77,605.40, while the broader Nifty 50 climbed 890 points, or 3.8%, to touch its day's peak of 24,014.

In an exchange filing, the company said it has de...