Coffee Day Enterprises to move its office to a new premise in Bengaluru thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Coffee Day share price: The stock saw heavy trading volumes today as 19.57 lakh shares were last seen changing hands. The figure was way more than the two-week average volume of 17.99 lakh shares. Turnover on the counter came at Rs 12.11 crore, commanding a market capitalisation (m-cap) of Rs 1,331.94 crore.
Coffee Day share price: The company has seven subsidiaries such as Coffee Day Global, Tanglin Retail Reality Developments, Tanglin Developments, Giri Vidhyuth (India), Coffee Day Hotels & Resorts, Coffee Day Trading and Coffee Day Econ.
Coffee Day share price: The stock was down 6.23 per cent from its 52-week high price of Rs 57, a level seen on September 14, 2023. Despite the mentioned fall, the multibagger scrip has gained 102.46 per cent from its one-year low level of Rs 26.40, hit on March 28 this year.
Karnataka Bank is expected to recover more than half of its dues from the debt sale of Coffee Day Global. The bank has received a binding offer from Rare Asset Reconstruction Company (ARC) for about ₹50-₹55 crore against dues of ₹88 crore. Rare ARC has previously acquired Coffee Day Global debt from other banks.