63 Moons Technologies stock hits upper circuit as Supreme Court upholds merger with NSEL
Updated : April 30, 2019 12:53 PM IST
At 11:35 AM, the stock was up 9.96 percent at Rs 125.30 per share on the NSE with 11,10,510 shares exchanging hands.
The apex court allowed an appeal against a Bombay High Court order that upheld the merger decision.
NSEL is a subsidiary of 63 Moons and its settlement guarantee fund (SGF) had a corpus of Rs 790 crore.