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Apex Frozen locked in upper circuit for third day; up 34% over IPO price

The stock was up 5% at Rs 234 on NSE.

Frozen foods
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Frozen foods

SI Reporter Mumbai
Apex Frozen Foods is locked in upper circuit of 5% at Rs 234 on the National Stock Exchange (NSE), with no sellers witnessed on the counter. The stock has frozen maximum upper limit of the day for third straight trading sessions since its listing on September 4, 2017.

The company engaged in aquaculture products business is currently trading 34% higher against its initial public offer price of Rs 175 per share.

The stock made a stellar debut on the bourses on Monday by listing at Rs 202 on NSE, 15% premium to its issue price. It rallied as