INOX India Ltd shares made a great entry into the market, investors got so many benefit
INOX India Ltd: The stock market is witnessing a decline for two consecutive trading sessions. Even today the market is trading with a decline. Despite this decline, INOX India Ltd's stocks are listed in the market today. Investors have benefited greatly from the company's shares. The company's shares have been listed with a premium of 44 per cent.
The decline in the stock market continues. After this fall, today the shares of cryogenic tank manufacturing company INOX India Ltd have been listed in the market. The company has been listed at a premium price. Experts were expecting a listing with a higher premium, but due to the fall in the last initial session, the company's shares were listed with a lower premium.
The company's shares are listed at a premium on both exchanges. The shares of Inox India Limited were listed on Thursday with a premium of about 44 per cent compared to the issue price of Rs 660.
The company's stock opened at Rs 933.15, up 41.38 per cent from the issue price on BSE. After this, it jumped 48.31 per cent to Rs 978.90. At the same time, the company's stock was listed on the NSE at Rs 949.65 with a rise of 43.88 per cent. The market valuation of the company during today's morning trade stood at Rs 8,522.24 crore.
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