Business Standard

Kaynes Technology makes stellar debut, lists at 33% premium to issue price

The stock listed at Rs 778 on the NSE, a premium of 33 per cent over its issue price of Rs 587 per share.

stock market, markets, brokers, trading, nse, bse, sensex, nifty, rally, coronavirus, covid, lockdown
Premium

SI Reporter Mumbai
Kaynes Technology India, a leading end-to-end and Internet of Things (IoT) solutions-enabled integrated electronics manufacturing company, made a stellar debut, with its shares listed at Rs 778, a 33 per cent premium over its issue price of Rs 587 per share on the National Stock Exchange (NSE). The stock started trade at Rs 775 on the BSE, the exchange data shows.

Post listing, the stock hit a high of Rs 787 on the BSE and of Rs 786 on the NSE. At 10:02 am, Kaynes Technology traded at Rs 750, with a gain of 28 per cent against its

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 22 2022 | 10:16 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com