Coffee Day Enterprises shares surged 20% for the second consecutive day on Tuesday.
The rise followed the National Company Law Appellate Tribunal's decision to set aside insolvency proceedings against the company.
CDEL stock hit its upper circuit limit of Rs 30.78 on BSE and Rs 30.63 on NSE.
Coffee Day Enterprises is the parent of the Cafe Coffee Day chain and also operates a resort, provides consultancy services, and deals in coffee bean sales.
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