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A mixed bag for new listings: Dixon Tech soars 65%, Bharat Road ends flat

Shares of Dixon hit a high of Rs 3,020 on the BSE and closed at Rs 2,892, a gain of 64 per cent

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Ashley Coutinho
It was a mixed bag for the two new listings on Monday, when the benchmark Nifty hit a new record high. Consumer electronics company Dixon Technologies (India) made a robust debut on the bourses, with its shares soaring nearly 65 per cent over the issue price. Road construction company Bharat Road Network (BRNL), on the other hand, made a tepid debut and its stock closed slightly above the IPO price.
 
Shares of Dixon hit a high of Rs 3,020 on the BSE and closed at Rs 2,892, a gain of 64 per cent over the issue price of Rs