Infinite Computer IPO Listing Morning

infinite-computerInfinite Computer Limited listed on the BSE in a colourful ceremony today. The share which was issued at a price of Rs 165 listed at Rs 178.35 on the BSE and Rs 170 on the NSE respectively.

Exchange Open High Low Close Net Change % gain Volume Wt Avg
BSE 178.35 204.90 178.35 201.20 36.20 21.94 7495427 195.28
NSE 170.00 204.95 170.00 201.05 36.05 21.85 10972191 103.27
Total 18467618

The stock made a high of Rs 204.90 on the BSE and Rs 204.95 on the NSE respectively. After a positive listing the stock made the highs and then spent a considerable amount of time at the 188-191 levels before moving up. Against an issue size of 1.15 cr shares the stock in the first 75 minuters of trade has already witnessed a volume of 1.84 cr shares or 1.6 times the IPO size.

The stock is performing well and in an issue where the HNI portion was oversubscribed 106 times should end the day strongly. More of this stock at the end of the day.

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