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Metropolis Healthcare closes 9% higher at Rs 960 from issue price of Rs 880

The public issue of the company was subscribed 5.84 times, as per subscription data available on exchanges.

Path lab chain Metropolis plans acquisitions in India, abroad
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SI Reporter Mumbai
Metropolis Healthcare ended at Rs 960, up 9 per cent against its issue price of Rs 880 per share, on the BSE on Monday.  The stock hit a high of Rs 981 and a low of Rs 935 in intra-day trade today.

On the National Stock Exchange (NSE),  too, Metropolis Healthcare ended at Rs 960, after hitting a high of Rs 983 in intra-day trade. It touched a low of Rs 935 on the NSE. A combined 7.89 million shares changed hands on the counter on the NSE and BSE, exchange data show.

The initial public offering (IPO) of