Cafe Coffee Day Share Price: Shares of Coffee Day Enterprises, owner of Cafe Coffee Day chain, surged 20 per cent on Monday after the National Company Law Appellate Tribunal (NCLAT) dismissed the insolvency proceedings against the company. Shares of Coffee Day Enterprises Ltd surged 19.97 per cent to Rs 25.65 and Rs 25.53, their respective 52-week highs on the BSE and National Stock Exchange (NSE). The stock has hit a lower circuit of 5 per cent in the last four consecutive sessions.
The market is trading in the negative zone, with the BSE Sensex trading 360.20 points, or 0.49 per cent, lower at 72,837.90, while the NSE Nifty was down 103.05 points, or 0.47 per cent, at 22,021.65. On Thursday, the NCLAT dismissed the insolvency…
