The Confederation of All India Traders estimates that November and December 2024 will see around 48 lakh weddings, marking a significant rise of 37 per cent compared to 35 lakh weddings last year.

The stock has witnessed significant buying activity as it has given returns of more than 79 per cent in just 1 year.

On Monday, Nifty opened on a flat note and hit the day’s high of 17,530 level but severe profit booking pulled Nifty below 17,300 level. Despite this volatile session, one small cap stock from Hotels and Restaurants industry has rallied more than 16 per cent, backed by massive volumes during the initial hours of the day.