Coffee Day Enterprises shares soared 20% on May 29 as Karnataka CM Siddaramaiah announced his resignation, signaling a potential leadership transition in the state.
The surge comes after Karnataka Chief Minister Siddaramaiah announced his resignation
May 29, 2026
03:42 pm
What's the storyShares of Coffee Day Enterprises, the parent company of Cafe Coffee Day (CCD), hit the 20% upper circuit limit today to reach ₹34.78 on Nifty.
The surge comes after Karnataka Chief Minister Siddaramaiah announced his resignation and paved the way for new leadership in the state.
Siddaramaiah resigns as Chief Minister of Karnataka
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