Share India Securities jumps 12% to 52-week high, up 24% in just 2 sessions- What is driving the stock price?
New Delhi, Sept. 10 -- Share India Securities' share price continued to witness strong buying interest for the second consecutive session, with the stock jumping 12% to hit its 52-week high amid a spurt in volume. Share India shares opened at Rs.190.05 against their previous close of Rs.189.75 and jumped 11.7% to a 52-week high of Rs.212, with volume surging more than 19.47 times. In the previous session, the stock jumped 11%. Thus, in just two consecutive sessions, the stock's overall gains stand at more than 24%.
The stock witnessed a sharp jump after it said on 8 September that the National Company Law Tribunal (NCLT), Ahmedabad Bench - I, on 7 September, approved the scheme of amalgamation of Silverleaf Capital Services Private Limit...
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