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eMudhra Shares Rally 12%, Extending Gains for Second Session
eMudhra’s share price went up sharply for the second day in a row.
It rose as much as 12% during Wednesday’s trading.
The shares opened at ₹625, higher than the previous closing price of ₹592.85.
Many shares were traded during the day.
The company’s market value was reported at ₹5,378.62 crore.
eMudhra also announced a new role connected to Legal Entity Identifiers, or LEIs.
This role will let it help organizations apply for and renew LEIs through its existing verification processes.
Legal Entity Identifier India Limited will continue issuing and maintaining the LEI records.
eMudhra shares rose as much as 12% on the NSE on Wednesday, extending gains for a second straight session.
The stock opened at ₹625, compared with Tuesday’s close of ₹592.85.
More than 105.89 lakh shares changed hands during the intraday session on 16 September.
eMudhra’s market capitalisation stood at ₹5,378.62 crore.
The company was appointed a Validation Agent for Legal Entity Identifier India Limited under the Global LEI System.
- Who
- eMudhra, Legal Entity Identifier India Limited, and the Global Legal Entity Identifier Foundation are central to the report.
- What
- eMudhra shares rose as much as 12%, while the company announced its appointment as a Validation Agent for Legal Entity Identifier India Limited.
- Where
- The share trading was reported on the National Stock Exchange of India, and the LEI services concern organizations in India.
- When
- The share move occurred on Wednesday, with 105.89 lakh shares reported as traded on 16 September; the business update was filed on 13 September.
- Why
- The article links the report to eMudhra’s recent business update and its appointment to support LEI applications and renewals, but does not establish that the appointment caused the share-price rise.
Key facts
- Share-price move
- Shares rose as much as 12% on Wednesday.
- Opening price
- ₹625 per share on the NSE.
- Previous close
- ₹592.85 on Tuesday.
- Trading volume
- Around 105.89 lakh shares changed hands on 16 September.
- Market capitalisation
- ₹5,378.62 crore.
- Business appointment
- eMudhra was appointed a Validation Agent for Legal Entity Identifier India Limited.
- Filing date
- The business update was filed on 13 September.
Sources
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