Pyramid Technoplast shares climb 13% in debut trade
Shares of packaging company Pyramid Technoplast Ltd on Tuesday made its market debut with a premium of nearly 13 per cent against the issue price of Rs166. Later, Pyramid Technoplast stock ended with a premium of seven per cent against the issue price of Rs166 in its market debut trade.
image for illustrative purpose
New Delhi: Shares of packaging company Pyramid Technoplast Ltd on Tuesday made its market debut with a premium of nearly 13 per cent against the issue price of Rs166. Later, Pyramid Technoplast stock ended with a premium of seven per cent against the issue price of Rs166 in its market debut trade.
The stock began the trade at Rs 185, up 11.44 per cent from the issue price on the BSE. It further jumped 13.25 per cent to Rs 188. At the NSE, it listed at Rs 187, registering a jump of 12.65 per cent. The Initial Public Offer (IPO) of Pyramid Technoplast had received 18.29 times subscriptionlast week.
