New Delhi, May 29 -- Small-cap stock Cash Ur Drive witnessed strong buying action in intraday deals on Friday, 29 May, defying the broader market slump as it edged closer to its 52-week high level touched nearly six months back.

Cash Ur Drive share price rose to the day's high of Rs.160.90 on the NSE today, up almost 3% from its last closing price. With today's rise, the stock was within arm's reach of its 52-week high of Rs.166.50 touched on 28 November last year. Meanwhile, it hit a 52-week low of Rs.84.95 on 30 March but trades 89% above this level in just two months.

The rise in the stock comes even as the broader market witnessed a massive selling pressure, especially towards the fag end of the trading session. Investors likely boo...