Comments
Shares of Shree Cement Ltd jumped as much as 6 per cent in morning trade on Wednesday as the stock is set to enter the Nifty 50 index from next month.
NSE Indices, a subsidiary of the National Stock Exchange (NSE), on Tuesday said that Shree Cement will replace private lender Yes Bank in the benchmark index Nifty 50 from March 27.
The stock opened on a bullish note on Wednesday at ₹25,000, then gained further ground and touched a high of ₹25,222.90, registering a rise of 5.98 per cent over its previous close.
The stock, however, pared some gains and was trading at ₹24,491.80, higher by 2.91 per cent over its last close at noon trade on BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.