• Source:JND

Shares of Shanti Educational Initiatives soared over 8 per cent during the intraday trade on Monday, following the positive momentum in the domestic stock market due to a decline in crude prices on ease in West Asia tensions. The small-cap education sector stock started the session in positive territory at Rs 207.50, jumping nearly 2 per cent as compared to last day's closing of Rs 203.60 on the BSE. However, experiencing high trading volume, the stock surged to hit an intraday high and a fresh 52-week high at Rs 220, up 8.05 per cent from the previous close. Meanwhile, its 52-week low value is Rs 78.71.

At closing, the company's shares settled at Rs 218.65, up 7.39 per cent or Rs 15.05. AT NSE, the stock 218, up Rs 14.54 or 7.15 per cent.

Share Price History

According to NSE Analytics, the stock rose over 20 per cent this year till date (YTD). In the last 30 days, the scrip jumped over 10 per cent, and in the last five trading sessions, the stock escalated over 5 per cent. Meanwhile, the stock surged over 52 per cent in the last five years.

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Stock Market Today

The domestic equity indices closed higher on the back of easing geopolitical tensions and a decrease in crude prices. Sensex, the 30-share index of BSE, closed at 77,094.07, up 0.38 per cent or 291.17 points. Nifty50 ended the session at 24,102.90, 89.80 points or 0.37 per cent.

Fresh foreign fund inflows were also a key driver of the market. According to NSE Data, Foreign Institutional Investors (FIIs) bought equities worth Rs 4,859.07 crore on Friday.

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.


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