Coffee Day Denies Report Of ITC Buying Stake, Shares Rise 5%

Shares in Coffee Day Enterprises, the operator of the Cafe Coffee Day (CCD) chain of restaurants, rose nearly 5 per cent on Thursday. The fourth straight day of gain in CCD shares came a day after the company denied reports that suggested cigarette major is considering taking a stake in it. Coffee Day Enterprises shares ended 4.95 per cent higher at Rs 76.40 apiece on the BSE. On the National Stock Exchange (NSE), the CCD shares clos...