 "Snowman Logistics extends rally post listing")
Snowman Logistics has locked in upper circuit of 5% at Rs 90.15 on BSE, extending its over 80% rally since listing on the bourses on September 12, 2014.
At 1320 hours, a combined 773,000 shares changed hands and there are pending buy orders for around 900,000 shares on NSE and BSE.
Shares of Snowman Logistics, the country's largest cold storage warehousing chain, is currently trading at 90% premium against its issue price of Rs 47 a share. It soared 70% at stock market debut on last Friday.
One of India's ace investors, Radhakishen Damani and Reliance Mutual Fund had collectively purchased 5.97 million shares representing 3.58% stake of Snowman Logistics on the listing day.
At 1320 hours, a combined 773,000 shares changed hands and there are pending buy orders for around 900,000 shares on NSE and BSE.
Shares of Snowman Logistics, the country's largest cold storage warehousing chain, is currently trading at 90% premium against its issue price of Rs 47 a share. It soared 70% at stock market debut on last Friday.
One of India's ace investors, Radhakishen Damani and Reliance Mutual Fund had collectively purchased 5.97 million shares representing 3.58% stake of Snowman Logistics on the listing day.
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