Recently listed cos Hudco, CDSL, AU Small Finance, DMart hit record highs

Hudco, AU Small Finance Bank and CDSL were up between 6% and 14% on back of heavy volumes

IPO, foreign banks, foreign investment banks, investment banks, banks, IPOs
SI Reporter Mumbai
Last Updated : Jul 12 2017 | 8:56 AM IST
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
COMPANY NAME IPO  LATEST CHG LISTING
AU SMALL FINANCE 358 565.65 58.0 10/07/2017
GTPL HATHWAY 170 187.30 10.2 04/07/2017
CENTRAL DEP. SER 149 379.65 154.8 30/06/2017
ERIS LIFESCIENCE 603 622.80 3.3 29/06/2017
TEJAS NETWORKS 257 371.95 44.7 27/06/2017
PSP PROJECTS 210 291.00 38.6 29/05/2017
H U D C O 60 79.05 31.8 19/05/2017
S CHAND & COMPAN 670 538.00 -19.7 09/05/2017
SHANKARA BUILD. 460 1005.60 118.6 05/04/2017
CL EDUCATE 502 433.05 -13.7 31/03/2017
AVENUE SUPER. 299 933.00 212.0 21/03/2017
MUSIC BROADCAST 333 354.50 6.5 17/03/2017
BSE 806 1106.45 37.3 03/02/2017

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story