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Muthoot Finance soars 10% on daily price limit hike
Highlights
Muthoot Finance Soars 10% on Daily Price Limit Hike, Manappuram Finance shares gained 4.8 per cent, Muthoot Finance surged 10 per cent,
Manappuram Finance shares gained 4.8 per cent, Muthoot Finance surged 10 per cent, Wockhardt jumped 6 per cent, while Indiabulls Securities rose 4 per cent after the National Stock Exchange increased their daily price limits.
Daily limits in these companies have been raised to 20 per cent from 5 per cent, the NSE said late on Wednesday.
The exchange periodically adjusts the daily limits for companies' shares based on a set of criteria such as liquidity.
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