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This SME consumer electronics stock zoomed 1078% against its issue price

Shares of CWD hit a new high of Rs 2,121, up 5 per cent on the BSE and zoomed over 1,000 per cent against its issue price of Rs 180 per share.

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SI Reporter Mumbai
Shares of CWD climbed 5 per cent to hit a new high of Rs 2,121 in Friday’s intra-day trade, in an otherwise weak market. The stock of consumer electronics company zoomed 1,078 per cent against its issue price of Rs 180 per share.

The company had made a stock market debut on October 13, 2021. It surpassed its previous high of Rs 2,040, which it had touched on September 7, 2022.

CWD trades in the SME segment under the "MS" group on the BSE. The BSE SME scrips are listed under the "M" group (trading and clearing &