Shares of Sanghvi Forging & Engineering Limited listed for trading on the BSE and NSE yesterday the 23rd of May 2011. The opening price at the BSE was Rs 85 while it was Rs 88 on the NSE. The high was a staggering Rs 116.50 on the BSE and Rs 116.80 on the NSE. The [...]
Archive for the ‘Listing’ Category
Innoventive Industries Listing day blues, Share loses 20%
May 15th, 2011
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Reliance mutual fund buys 30.51 lakh shares or 5.09% of company’s equity at Rs 98.50 Shares of Innoventive Industries Limited listed at the BSE and NSE on Friday the 13th of May. The opening price was Rs 110 on the BSE and Rs 111.95 on the NSE. The high was Rs 114.85 on the BSE [...]
Servalakshmi Paper share gains 68% only to crash and close 35% below issue price
May 13th, 2011
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Listing is a complete disaster. Shares of Servalakshmi Paper Limited listed at the BSE at Rs 30 and on the NSE at Rs 29. The company had a listing ceremony at the BSE. The high made by the stock price was a staggering Rs 48.75 on the BSE and Rs 48.70 on the NSE. This [...]
