Readymade garments maker and retailer Provogue India debuted on the National Stock Exchange (NSE) at Rs 249, gaining 66 per cent premium to the IPO price of Rs 150. | |
| The stock in intra-day trades hit a high of Rs 299, before closing at Rs 245.55 with volumes accounting for more than 5.5 crore shares on day one. |
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| A market analyst said, "We were expecting the stock to open at around Rs 250-260. The stock, however, failed to be sustained at higher levels on overall selling pressure, where the benchmark Sensex corrected nearly 140 points." |
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