Vijaya Diagnostic off to quiet start, lists at 2% premium over issue price

The stock began trading around Rs 540-odd level as against the issue price of Rs 531 per share but soon surged to a high of Rs 588 on the BSE

Shares of Vijaya Diagnostic Centre made a quiet debut as the stock opened at Rs 542.30, 2 per cent higher against the issue price of Rs 531 per share on the BSE. On the National Stock Exchange (NSE), it opened at Rs 540.

However, post listing, the stock soon jumped to a high of 588, 11 per cent premium over its issue price on the BSE. At 10:11 am, it traded at Rs 573.90. Around 7 million equity shares had changed hands at the counter on the NSE and BSE so far.

The initial public offering (IPO) of Vijaya Diagnostic