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Emkay Global Financial hits 9-year high; soars 101% in 11 trading days

The stock was up 4% to Rs 171 in intra-day trade, its highest level since March 2008 on BSE.

Emkay Global Financial hits 9-year high; soars 101% in 11 trading days
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SI Reporter Mumbai
Emkay Global Financial Services advanced to its 9-year high of Rs 171, up 4% in intra-day trade, extending its two-week long rally on the BSE.

The stock is trading at its highest level since March 2008, surging 101% in past 11 trading sessions from Rs 85 on June 6, 2017, against 0.51% rise in the S&P BSE Sensex.

In the past one week, the stock rallied 26% after the Emkay Global Financial Services said it has entered into an exclusive pact with DBS Bank arm DBS Vickers Securities (Singapore) for sharing knowledge, co-branding and distribution of equity research