40 percent break in two days, shares of Cafe Coffee Day

40 percent break in two days, shares of Cafe Coffee Day, Investors' worth Rs 2,839 crore sank || Shocking news for Cafe Coffee Day || CCD shocking news

On Wednesday, the stock of Coffee Day Enterprises Ltd fell 20 percent to 52 week low of 52 weeks at the beginning of the trading on the Bombay Stock Exchange (BSE).

The decline in shares of Coffee Day Enterprises Ltd is not taking a name. Even on Wednesday, the stock of Coffee Day Enterprises Ltd fell 20 percent to 52 week low of 52 weeks on the Bombay Stock Exchange (BSE). The company got a lower circuit in the stock. On the National Stock Exchange (NSE), the company's share has dropped 20 percent to 1 year low at Rs 122.75. Explain that the company's stock has fallen by 40% in 2 days.

Investors of Rs 2838.87 crores will be submerged in three days.

On Monday, the market cap of Cafe Coffee Day at the Bombay Stock Exchange (BSE) was 5442.55 crores, which was reduced to Rs 2,603.68 crores on Wednesday. In this way, investors have drowned Rs 2838.87 crore in 3 days.

Found the body of Cafe Coffee Day founder VG Siddhartha's

The body of V.G. Siddhartha, owner of Cafe Coffee Day, has been recovered from the Netravati river. Siddhartha was missing from Monday evening. Several teams, including the Karnataka Police, were looking for them. Siddhartha was missing on Monday evening from the Netravati river. During their continued search operation to find them, their passionate letter was also viral in which they apologized to the employees and said that they were responsible for all financial transactions. Since this letter, the police had the possibility of VG Siddhartha committing suicide. After the operation of the entire operation in the river Netravati, the body of VG Siddhartha has been recovered.

CCD started in 1996

In July 1996, Cafe Coffee Day was started from Brigade Road, Bangalore. Explain that the company had opened its first coffee shop with an internet cafe. Significantly, the youth enjoyed the concept of coffee with the Internet. CCD has pursued the business of staying in the coffee business with the expansion of business internet. After opening a few stores in the first 5 years, CCD today became the largest coffee retail chain in the country. At present, there are 1,758 cafes of Café Coffee Day in 247 cities across the country.

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