Why Kalyani Group companies rallied a whopping 13% as BJP emerges largest party in Karnataka
Kalyani Group works on multiple projects via its subsidiary Nandi Infrastructure Corridor Enterprises (NICE). Most of projects are running on Mysore-Bangaluru highway and are stuck. BF Utilities owns 74.5 per cent stake in NICE.
BF Utilities share price rallied as much as 12.90 per cent to Rs 444. Image source: Pixabay