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Published on 31/01/2018 12:44:18 PM | Source: Dion Global Solutions Ltd

Amber Enterprises extends rally; scrip surges 5%

Shares of Amber Enterprises continued gaining streak on Wednesday and jumped nearly 5 per cent on the Bombay Stock Exchange after Kotak Funds acquired stake in the company through open market transaction.

Extending previous session rally, stocks of the company gained as much 4.93 per cent to touch an intra-day high of Rs 1298.30 apiece on the Bombay Stock Exchange. In a similar fashion, shares of the firm were trading 3.40 per cent higher at Rs 1,287.55 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 35,928.82, down 104.91 points, or 0.29 per cent, at 11:45 hours.