Shares of the Calcutta Stock Exchange Ltd. or CSE, have more than doubled on the unlisted market in the past three months as efforts to revive the long-dormant bourse gather momentum.
CSE shares are trading at about 2,100 rupees, up from near 900 rupees in early June, when transactions were sporadic after years of inactivity, according to Dharawat Securities. UnlistedZone, another platform that facilitates transactions in unlisted shares, quoted CSE at 2,175 rupees.