Newly listed stock Shankesh Jewellers has been witnessing strong buying interest despite weak stock market sentiment. Shankesh Jewellers share price surged as much as 18% to hit its record high of ₹116 in morning trade on the BSE on Friday, 11 September, even as equity benchmark Sensex crashed 1%.
The stock has been in the green since Wednesday, clocking a cumulative gain of 22% in just three consecutive sessions. Shankesh Jewellers shares were listed on the NSE and the BSE on 25 August this year. In less than a month, the stock has jumped 25% from the issue price of ₹93 per share.
(This is a developing story. Please check back for fresh updates.)
