 "Cafe Coffee Day, CCD")
Shares of Coffee Day Enterprises, owner of cafe chain Cafe Coffee Day (CCD), were locked in the upper circuit of 5 per cent on the BSE on Monday after the company appealed to its lenders and creditors to give it sufficient time to honour its repayment obligations.
News reports further suggested that the promoters of the company were planning to restart talks with beverage-firm Coca-Cola for selling a part of their stake in the company to pare debt.
Trading volumes of the stock surged, with a combined 4.08 million shares changing hands on the NSE and BSE till 10:01 am.
