Shares of Dhanlaxmi Bank surged an additional 5% in today’s intraday trade, reaching ₹53.75 apiece, marking highest level since August 2014. In the last 10 trading sessions, the stock has witnessed a remarkable ascent, climbing from ₹30.30 apiece to ₹51.20, reflecting a stellar return of 69%.
In the current month so far, the stock has jumped by 75.37%. Despite this sharp runup, the shares are trading 75% below their all-time high of ₹212 apiece, touched in 2010.