On Tuesday, Syngene's shares soared at the start of the trading session and opened at Rs 295, which was also the lowest value it touched during the day. It hit a high of Rs 318.30, a jump of over 27 per cent as investors rushed to buy the stock on its listing day.
The listing price was fixed at Rs 250, the upper end of the IPO price band.
Post-issue, Biocon continues to hold 74.5 per cent stake in Syngene.
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