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India Pesticides makes strong debut, lists at 22% premium over issue price

The stock listed at Rs 360, a 22 per cent premium over its issue price of Rs 296 on the BSE

India Pesticides makes strong debut, lists at 22% premium over issue price
premium

India Pesticides’ financial performance has been quite impressive on all counts as well

SI Reporter Mumbai
India Pesticides made a strong debut on the bourses on Monday as its shares got listed at Rs 360, commanding a 22 per cent premium over the issue price of Rs 296 on the BSE. Post listing, the stock extended its gains and moved higher to Rs 368, a 24 per cent jump against its issue price.

At 10:01 am, India Pesticides was trading at Rs 366.70, 2 per cent higher from its opening level on the BSE. In comparison, the S&P BSE Sensex was up 0.59 per cent at 52,792 points. Around 770,000 shares had changed hands on