ALSO READIPO fundraising crosses Rs 10,000-crore mark in first 6 months of 2017 AU Small Finance Bank jumps 51% on stock market debut AU Small Finance Bank IPO to open on June 28 AU Small Finance Bank: Impressive track record AU Small Finance Bank makes strong debut, lists at 47% premium to IPO price
Shares of recently listed companies such as Housing and Urban Development Corporation (Hudco), Central Depository Services (India) or CDSL, Tejas Networks, AU Small Finance Bank and DMart operator Avenue Supermart are trading at their respective highest level since listing during the current calendar year 2017. AU Small Finance Bank rallied 6% to Rs 574 in intra-day trade, after it zoomed over 50% on first day of listing on Monday. The stock ended at Rs 541 on Monday, up Rs 183, or 51% over the issue price of Rs 358. CDSL, too hit a fresh high of Rs 384, up 8% on the National Stock Exchange (NSE), extending its 34% surge in past three trading sessions. The stock appreciated 158% against its initial public offer (IPO) price of Rs 149 per share. Tejas Networks was trading at Rs 373, 45% higher against its IPO price of Rs 373, after making a quiet debut on June 27.
Abu Dhabi Investment and Amansa Holdings Private Limited had collectively purchased 1.88 million equity shares representing 2.1% stake in Tejas Networks on first day of its listing through block deal, NSE bulk deal data show.Amansa Holdings Private Limited had acquired 1.35 million shares at price of Rs 260.56 per share, while Abu Dhabi Investment bought 530,000 shares at price of Rs 265.12 per share. Hudco has surged 14% to Rs 79.60 on BSE on back of over 10-fold jump in trading volumes. A combined 40.37 million shares have changed hands on the counter till noon deal on BSE and NSE. According to PTI reports, state-owned Hudco is looking to revive its retail financing segment and will seek its board's approval for the roll-out plan. CLICK HERE TO READ FULL REPORT.
|PRICE IN RS||%||DATE OF|
|AU SMALL FINANCE||358||565.65||58.0||10/07/2017|
|CENTRAL DEP. SER||149||379.65||154.8||30/06/2017|
|H U D C O||60||79.05||31.8||19/05/2017|
|S CHAND & COMPAN||670||538.00||-19.7||09/05/2017|