Sammaan Capital Stock Jumps After NCD Interest Payment Update

Sammaan Capital, a housing finance company, saw its stock price jump after announcing it had paid interest on some of its bonds called NCDs.

The company had issued these bonds to raise money.

The stock went up almost 18% on June 25.

The company also announced the payment of interest on other NCDs.

Despite a rough start to the year, with a low in April, the stock has been doing better recently and has risen significantly this month.