Karda Constructions makes weak debut; lists at 24% discount
02/04/2018
Shares of Karda Constructions made a disappointing debut at the bourses on Monday by listing at Rs 136, at 24 per cent discount against its issue price of Rs 180 per share on the Bombay Stock Exchange (BSE). The real estate company, whose Rs 770 million initial public offer (IPO) of the company was subscribed 2.53 times, listed at Rs 136 on the National Stock Exchange (NSE). During the day’s trade so far, scrip of the company touched an intra-day high and low of Rs 142.80 and Rs 136 respectively on the BSE. Meanwhile, the broader benchmark BSE Sensex was trading at 33,162.90, up 194.22 points, or 0.59 per cent, at 13:25 hours.
02/04/2018
Click Below
Shares of Karda Constructions made a disappointing debut at the bourses on Monday by listing at Rs 136, at 24 per cent discount against its issue price of Rs 180 per share on the Bombay Stock Exchange (BSE). The real estate company, whose Rs 770 million initial public offer (IPO) of the company was subscribed 2.53 times, listed at Rs 136 on the National Stock Exchange (NSE). During the day’s trade so far, scrip of the company touched an intra-day high and low of Rs 142.80 and Rs 136 respectively on the BSE. Meanwhile, the broader benchmark BSE Sensex was trading at 33,162.90, up 194.22 points, or 0.59 per cent, at 13:25 hours.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
