SJS Enterprises makes a weak debut; falls 5% below issue price post listing

The stock listed at Rs 540, a 0.37 per cent discount over its issue price of Rs 542 per share, on the BSE

SJS Enterprises (SJS) made a listless stock market debut, with the shares getting listed at Rs 540, a 0.37 per cent discount over its issue price of Rs 542 per share on the BSE. On the National Stock Exchange (NSE), the stock opened at par of Rs 542 per share.

Post listing, the stock hit an intra-day low of Rs 515.10, 5 per cent below its issue price. On the flipside, it hit a high of Rs 550 in intra-day trade on the BSE. On the NSE, the stock hit a high of Rs 549 and a low of