Post the announcement of the dividend declaration, shares experienced considerable demand and gained 15-18 per cent in the last five trading sessions. 

BSE Smallcap index also closed in the green territory at 25,640.81, up by 0.28 per cent.

The benchmark indices ended higher for the second consecutive day on the back of positive global cues. A lowering of FII selling made the domestic market comfortable in squeezing volatility. RBI’s upcoming policy meeting will be the key driver in the market, where they are expected to announce an additional policy rate hike of 25-35 bps.