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Newly listed companies slip; AU Small Finance tanks 20% from intraday high

CDSL locked in lower circuit of 10% at Rs 400, falling 18% from its intra-day high of Rs 486 on NSE.

SI Reporter  |  Mumbai 

IPO
IPO

Shares of newly listed companies AU Small Finance, Central Depository Services (India), Housing & Urban Development Corporation (HUDCO) and Shankara Building Products tanked up to 22% from their intra-day high levels on Friday on profit booking.

AU Small Finance Bank, and hit their respective highs since listing in early morning trade on the National Stock Exchange (NSE).

zoomed over 200%, Shankara Building Products and advanced by more than 100%, while surged 71% against their respective initial public offer (IPO) prices.

is locked in lower circuit of 10% at Rs 400, falling 18% from its intra-day high of Rs 486 on NSE. The stock surged 226% against its IPO price of Rs 149 per share.

AU Small Finance too more than doubled against its issue price of Rs 358. The stock dipped 19% to Rs 561 in intra-day trade, falling 22% from its early morning high of Rs 726.

    Price in Rs
COMPANY NAME Listing date IPO  Day's high % chg LTP % chg*
AU SMALL FINANCE 10/07/2017 358.00 725.50 102.7 571.70 -21.2
CDSL 30/06/2017 149.00 486.00 226.2 399.90 -17.7
H U D C O 19/05/2017 60.00 102.30 70.5 89.95 -12.1
SHANKARA BUILD. 05/04/2017 460.00 1091.90 137.4 970.00 -11.2
             
* % Change over day's high          

First Published: Fri, July 14 2017. 15:03 IST
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