Shares of Multi-Commodity Exchange (MCX) has zoomed 10% to Rs 948, bouncing back more than 13% from intra-day low Rs 838 on back of huge volumes.
The country's largest commodity bourse MCX, one of the most successful initial public offering (IPO) so far this year, has fallen more than 40% from its listing day high of Rs 1,400 on the Bombay Stock Exchange (BSE).
The company had raised Rs 663 crore by issuing 6.43 million shares at the upper end of the band at Rs 1,032 a share through IPO.
As many as a combined 1.04 million shares have already changed hands on the counter so far, against an average sub 200,000 shares that were traded daily in past two weeks on the BSE and NSE.
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