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The scrip opened at Rs 101 on BSE, hit a high of Rs 124.85 and
a low of Rs 86.65. The listing was at a premium of 44.29 per cent
to the final offer price of Rs 70. Volumes were high at 6,653,991.
Total trades executed were 42,597. It ended the days session at
Rs 98.70, a gain of 41 per cent to the offer price. At the high
and low of the day, the scrip traded at a premium of 78.36 per centand
24.21 per cent respectively.
On the NSE, the scrip opened at a price of Rs 105, hit a high of
Rs 120 and a low of Rs 86.65, before closing at Rs 98.50. Volumes
were extremely high at 12,782,835.
When questioned about the response the scrip got Manchanda gushed,
"It was most important for us to get listed. Well, it is great
that we have started off well, but market forces cannot be controlled,
so that really is not that significant to us. What was important
was for us to get listed and look at taking the company to a different
level."
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