Coffee Day defaults on interest payment for dues worth Rs489.48cr

The company has defaulted on payments of interest/ repayment of principal amount on loans from banks / financial institutions and unlisted debt securities for the quarter ended December 31, 2019, for the total debt of Rs489.5cr.

Jan 09, 2020 06:01 IST India Infoline News Service

Coffee Day
Shares of Coffee Day Enterprises Ltd hit an upper circuit of Rs43.35 on the BSE in the afternoon trade.

The company has defaulted on payments of interest/ repayment of principal amount on loans from banks / financial institutions and unlisted debt securities for the quarter ended December 31, 2019, for the total debt of Rs489.5cr.

Coffee Day Enterprises Ltd is currently trading at Rs43.35, up by Rs2.05 or 4.96% from its previous closing of Rs41.30 on the BSE. The scrip opened at Rs43.35 and has touched a high and low of Rs43.35 and Rs42.05 respectively.

The BSE group 'Z' stock of face value Rs10 has touched a 52 week high of Rs317.90 on 18-Mar-2019 and a 52 week low of Rs26.60 on 30-Oct-2019. Last one week high and low of the scrip stood at Rs41.30 and Rs37.40 respectively.

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