Bikaji Foods slips 6% to hit new low since listing, trades near issue price

Shares of Bikaji Foods International slipped 6 per cent to Rs 303, hitting their lowest level since listing on the National Stock Exchange (NSE) in Friday’s intra-day trade. The stock made its debut on Wednesday, November 16. 

With today’s fall, the stock has declined 9.5 per cent from its high of Rs 334.70, touched on the listing day. It is now trading close to its issue price of Rs 300 per share.

Bikaji Foods International made a steady debut on the bourses with its shares listing at an 8 per cent premium to its issue price on the