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DOMS Ind surges 68% in debut trading
image for illustrative purpose
New Delhi: Shares of pencil maker DOMS Industries Ltd made a dream stock market debut on Wednesday and ended with a huge premium of over 68 per cent against the issue price of Rs 790. The stock listed at Rs1,400 on both BSE and NSE, reflecting a jump of 77.21 per cent from the issue price.
During the day, the stock zoomed 81.55 per cent to Rs 1,434.25 on the BSE. Shares of the company finally ended at Rs 1,330.85, up 68.46 per cent. At NSE, it jumped 81.51 per cent to Rs 1,434 during the day. The stock ended at Rs 1,302.95, climbing 64.93 per cent.