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Up 1,258% in 4 months! This electric utility stock sheds its penny status – Business Standard

Buzzing stocks | Rattan India | Markets
SI Reporter  |  Mumbai

Shares of RattanIndia Enterprises hit a record high of Rs 70.50, up 5 per cent on the BSE in intra-day trade on Tuesday on the back of heavy volumes. The stock of the electric utility company was quoting higher for the eleventh straight trading day, having surged 68 per cent during the period.
In the past four months, the stock has zoomed 1,258 per cent from level of Rs 5.19 as compared to an 8 per cent rise in the S&P BSE Sensex. At 10:41 am, it was trading 4 per cent higher at Rs 69.90, against a 0.22 per cent gain in the benchmark index. A combined 2.15 million equity shares had …
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