Hindustan Aeronautics makes subdued debut; listing 5% below issue price

The stock listed at Rs 1,152, a 5% below against its issue price of Rs 1,215 on the NSE.

Hindustan Aeronautics (HAL) has made a subdued debut by listing at Rs 1,152, a 5% below against its issue price of Rs 1,215 per share on the National Stock Exchange (NSE). The country’s largest defence public sector undertaking’s was listed at Rs 1,169 on the BSE. The retail individual and eligible employees offered a discount of Rs 25 on the offer price.

At 10:02 am; the stock was trading at Rs 1,172 on the NSE and Rs 1,169 on the BSE. It hit a high of Rs 1,185 and low of Rs 1,150 in intra-day trade so far. A