New Delhi, Sept. 29 -- Augmont Enterprises share price reached to a record high of Rs.1,062.20, hitting 10% upper circuit for second session straight on Tuesday, 29 September, after the company was empanelled by the National Stock Exchange of India (NSE) as a key partner to promote Electronic Gold Receipts (EGRs).

The stock has witnessed a significant rally of over 24.47% in a week and has generated 17% returns since its listing on 31 August.

In an exchange filing dated 26 September, Augmont Enterprises said that this is strategic partnership designed to simplify the process of EGR creation and extinguishment, and to promote trading in EGRs, further deepening India's gold ecosystem.

Under the partnership, Augmont will leverage its expe...