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Deepak Builders Makes Weak Debut

Deepak Builders Makes Weak Debut

Deepak Builders Makes Weak Debut
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29 Oct 2024 2:08 PM IST

New Delhi: Shares of engineering and construction company Deepak Builders and Engineers India Ltd ended with a discount of nearly 21 per cent against the issue price of Rs203 on Monday. The stock listed at Rs198.50, lower by 2.21 per cent from the issue price on the BSE. During the day, it fell by 21.10 per cent to Rs160.15. Shares of the firm ended at Rs161.90, reflecting a slump of 20.24 per cent. At the NSE, it made the debut at Rs200, down 1.47 per cent. The stock ended at Rs 161, down 20.68 per cent. The company’s market valuation stood at Rs754.14 crore.

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