CDEL is the parent company of Coffee Day Group which operates the Cafe Coffee Day chain of coffee houses. File
| Photo Credit: Reuters
Shares of Coffee Day Enterprises, which owns the Cafe Coffee Day chain, on Monday (March 3, 2025) jumped 20% to hit its upper circuit limit after the National Company Law Appellate Tribunal (NCLAT) set aside the insolvency proceedings against the company.
The stock of Coffee Day Enterprises Limited (CDEL) zoomed 19.97% each to ₹25.65 and ₹25.53 apiece — also its 52-week high — on the BSE and National Stock Exchange (NSE), respectively.
In the past four consecutive sessions, the stock has been…
