New Delhi, Aug. 12 -- Sammaan Capital's share price rallied nearly 9% on Tuesday following reports of an impending change in the company's leadership. The stock climbed as much as 8.99% to Rs.125.40 apiece on the BSE.

The uptrend was supported by robust trading activity, with about 2 crore equity shares changing hands on the exchanges - significantly higher than the one-week average volume of 58 lakh shares.

According to a CNBC-TV18 report, Himanshu Mody, the former CFO of Suzlon Energy who is credited with leading the company's financial turnaround, is expected to join Sammaan Capital in a senior leadership role.

Sammaan Capital, formerly known as Indiabulls Housing Finance Ltd, is a Non-Banking Financial Company (NBFC) specialising i...