Coffee Day Enterprises shares jump 10% after Dolly Khanna's name appears in shareholding pattern

The shares of Coffee Day Enterprises sharply surged 10 percent to hit the upper circuit on July 15 after data on the latest shareholding pattern showed that veteran investor Dolly Khanna has bought some stake in the firm.

Khanna held 32.78 lakh shares, representing 1.55 percent stake in the parent company of popular chain Café Coffee Day, according to BSE data showing the firm's shareholding pattern as at the end of the April-June quarter.

Coffee Day Enterprises shares remained locked in the upper circuit at Rs 37.25 apiece, seeing a sharp rise after the data was released. The shares of the company have risen over 6 percent in the past one month, and over 36 percent in the past six months. The stock is currently up nearly 57 percent in 2025 so far.

Today's sharp rise in share prices was supported by strong rise in trading volumes. Nearly 30 lakh shares of the company were involved in active trade today, over 3 times that of its 10-day average volumes.