The bullish momentum in Mankind Pharma continued even after listing as the stock advanced another 9 per cent to Rs 1,414, extending the overall gains to about 31 per cent.
Mankind Pharma share price: Mankind Pharma shares debuted at a 20% premium on Dalal Street today. The stock of India’s fourth largest pharmaceutical company got listed at Rs 1,300 on BSE and NSE, against the issue price of Rs 1,080. Watch this Visual Story to know what investors should do with the stock.
Delhi-based pharmaceutical company Mankind Pharma will hit the secondary market today 9 May 2023. The grey market has indicated a healthy listing for the company. The trends on thbe Dala Street Street today and grey market indicate a premium listing of up to 20 per cent for the company. aaa
The IPO of Mankind Pharma was open for subscription between April 25-27 in the price range of Rs 1,026-1,080 per share as the company raised 4,326 crore and issue was overall booked 15.32 times.
The IPO of Mankind Pharma, India’s fourth largest pharmaceutical company, received a strong response from the investors and was overall subscribed 15.32 times.