Small-cap stock below ₹100 hits upper circuit for fourth day in a row. Do you own?

Stock Market Today: Small-cap stock below ₹100 Eraaya Lifespaces was locked in the upper circuit for the fourth consecutive day in a row on Monday, March 10.

Eraaya Lifespaces share price opened at ₹71.27 on the BSE on Monday, almost 5% higher over the previous session's closing price of ₹67.88.

The stock, after seeing a significant correction from 52-week or 1-year highs of ₹316.9 in October 2024 , has been rebounding of late. Eraaya Lifespaces' share price is up almost 20% in the last four trading sessions. The gains come on the back of some positive news flows. 

The company on Saturday, March 8, announced that EbixCash World Money has been recognized as a great place to work, which, it said, is a testament to its people-first culture.

Eraaya Lifespaces recognition

EbixCash, a subsidiary of Ebix, Inc, is a key global provider of on-demand software and e-commerce services across the insurance, finance, healthcare, and e-learning sectors. The company was recently acquired by Eraaya Lifespaces.

Eraaya Lifespaces in a filing said that it is pleased to announce that EbixCash World Money, a key subsidiary of EbixCash Ltd and a premier provider of foreign exchange services, has been awarded the prestigious ‘Great Place to Work’ certification. This recognition underscores the company’s commitment to fostering a positive and empowering workplace culture.

T.C. Guruprasad, CEO and Managing Director of EbixCash World Money Limited, stated that, “We are incredibly honoured to receive the ‘Great Place to Work’ certification". Gurparasad said that at EbixCash World Money, we believe that our employees are our greatest asset. “This recognition is a testament to the culture of trust, respect, and excellence that we have cultivated. Our unwavering commitment to employee well-being, professional growth, and continuous learning has been instrumental in creating an environment that fosters innovation and collaboration,” he added

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