Shares of the company gained more than 350 per cent in the last three years.

A broader market sentiment analysis indicates that around 2091 stocks are advancing, while 1502 stocks are witnessing declines, implying an overall optimistic sentiment across the broader market landscape. 

Nifty opened with a slight gap-up and traded higher after some intraday consolidation. In the afternoon session, it witnessed a profit booking and touched its previous falling trend line on the daily time frame. Nifty closed higher around 24 points or 0.14 per cent to close around the 17,624 level. S&P BSE Sensex also closed flat with a rise of 13 points. Nifty Mid-cap 100 and Nifty Small-cap 100 rallied 0.38 per cent and 0.28 per cent respectively.  

Nifty closed around the day's high by rallying 42 points or 0.24 per cent to close around 17,600 level on the weekly expiry day.  S&P BSE Sensex also closed around the day’s high with rise more than 143 points. Nifty Midcap 100 rallied 0.64 per cent after 2 days’ consolidation and Nifty Small cap 100 rallied 0.78 per cent.   

Nifty traded higher and closed around the day's high by rallying 159 points or 0.91 per cent to close around 17,557 level. S&P BSE Sensex also closed around the day’s high with more than 600 points rise. Nifty Midcap 100 consolidated in a small range throughout the day while Nifty Small cap 100 rallied 0.72 per cent.   

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Here are the top gaining stocks in BSE Group ‘A’.  

At 11 am, the S&P BSE 500 index was trading at a loss of 152.05 points or 0.61 per cent. The market is weak, but banking stocks are buzzing today with the Bank of Maharashtra hitting a fresh 52-week high of 25.60. 

Indices roared on Wednesday as strong buying at lower levels lifted market sentiment. Nifty surged 0.96 per cent to close above the 16,600 level while Sensex jumped about 550 points.

Bank Nifty has closed flat to negative on a weekly basis. On the weekly chart, it has formed a bearish candle as its closing was below the opening level but carries a long lower shadow, which indicates buying demand at lower levels.