IREDA and Motisons Jewellers are among the top performers in recent listings, with their stocks trading 490% and 240% higher than their respective IPO prices. Signature Global, Cyient DLM, Netweb Technologies, EMS, and Utkarsh Small Finance Bank are also standout performers.
Motisons Jewellers shares continued their winning streak, hitting an all-time high of ₹189 per share, gaining 20% in today s trade. At current levels, the stock is trading 243.63% higher than its issue price.
Motisons Jewellers share price: The Rs 151-crore IPO received 47.44 lakh applications, making it the third highest in the number of applications received in an IPO ever after Tata Tech which received 75 lakh and LIC with 50 lakh applications. The public issue of Ahmedabad-based jewellers was subscribed 159.61 times.