Coffee Day Enterprises stock jumps 20 pc after NCLAT sets aside insolvency proceedings

Shares of Coffee Day Enterprises surged 20% after the National Company Law Appellate Tribunal (NCLAT) set aside insolvency proceedings against the company. The stock reached its 52-week high on both BSE and NSE. The decision overturns an earlier order by the Bengaluru bench of NCLT. https://ift.tt/lrTSOtC