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Siddaramaiah's resignation as Karnataka CM helps investors earn ₹122 crore
short by Ashley Paul / on Friday, 29 May, 2026
Investors of Coffee Day, which operates Café Coffee Day outlets, earned ₹122.31 crore in one day as the company's shares hit 20% upper circuit a day after Siddaramaiah resigned as Karnataka CM. Coffee Day shares rose as reports claimed DK Shivakumar, whose daughter is married to the company's founder's son, may succeed Siddaramaiah. Coffee Day is now worth ₹734.73 crore.
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