RailTel share makes tepid market debut, lists at 16% premium to IPO issue price
RailTel share listed at Rs 109 per share against the IPO issue price of Rs 94 on NSE
BusinessToday.In | February 26, 2021 | Updated 10:36 IST
On BSE, the shared opened at Rs 104.60, implying a premium of 11.27% over the issue price. Market cap of the firm stood at Rs 3,583 crore on NSE.
RailTel Corporation share made a tepid debut market after its stock listed at a premium of 16% to the issue price today. The stock of state-owned telecom infrastructure provider listed at Rs 109 per share against the IPO issue price of Rs 94 on NSE.