 "Stock markets. Photo: iStock")
Shares of Ujjivan Small Finance Bank (USFB) made a strong market debut on Thursday and listed at Rs 58, a 57 per cent premium against its issue price of Rs 37 per share on the BSE.
The stock quickly extended its gains and rallied as high as Rs 62.80 per share intra-day on the exchange. It, however, pared some gains on account of profit booking to end the day at Rs 55.90, up 51 per cent against the issue price, on the BSE and Rs 55.30 on the NSE. A combined 26.6 crore shares changed hands on the counter on
The stock quickly extended its gains and rallied as high as Rs 62.80 per share intra-day on the exchange. It, however, pared some gains on account of profit booking to end the day at Rs 55.90, up 51 per cent against the issue price, on the BSE and Rs 55.30 on the NSE. A combined 26.6 crore shares changed hands on the counter on
