Milky Mist Shares Hit 10% Upper Circuit for Second Day
· Business · Moneycontrol, Economic Times, LiveMint
Milky Mist shares surged to the 10% upper circuit for the second consecutive day after the company entered the market. The jump follows the stock's recent listing, sparking intense buying pressure. The 10% limit represents the maximum allowable price increase, and the stock has reached this ceiling twice. Market participants now monitor how long the shares can remain capped and what it means for further price movements.
Why it matters
The rise drives volatility on the NSE/BSE and influences investor sentiment in the consumer goods sector, affecting portfolio decisions for traders and institutional investors.
Read the original report — Moneycontrol
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