Amid high trading volumes, the stock rallied 11% in 2 trading sessions, hitting its new all-time high of Rs 2,670 on the NSE today. On Friday alone, the stock witnessed a rally of 8.3%.
Around 1 pm today, 119.72 lakh shares of the company were traded on the NSE, with a total traded value of Rs 3,120.80 crore. BSE’s total market capitalisation at the time stood at Rs 1.07 lakh crore.
The surge in the stock also follows a recent circular released by the markets regulator, (Sebi), which asked the exchanges to choose expiry days for equity derivatives – either Tuesday or Thursday.
After reviewing inputs from a discussion paper released in March 2025, Sebi’s Secondary Market Advisory Committee (SMAC) held deliberations and proposed restricting expiry days to help curb excessive market activity.
Stock exchanges will now need to standardise the final settlement day for equity derivatives contracts—including index options, index futures, and single stock futures and options—by choosing either Tuesday or Thursday as the designated expiry day.