Shares of luxury furniture brand Stanley Lifestyles Ltd ended with a premium of nearly 30 per cent on Friday, against the issue price of Rs 369. The stock started the trade at Rs 499, reflecting a jump of 35.23 per cent on the BSE. During the day, it soared 38.21 per cent to Rs 510. Shares of the company ended at Rs 474 each, up 28.45 per cent.
On the NSE, it listed at Rs 494.95, up 34.13 per cent. Shares of the firm ended at Rs 479 apiece, rallying 29.81 per cent. The company's market valuation stood at Rs 2,702.62 crore.
In volume terms, 55.85 lakh shares of the company were traded on the BSE and 216.11 lakh shares on the NSE during the day.
The Initial Public Offering (IPO) of Stanley Lifestyles got subscribed 96.98 times on the last day of subscription on Tuesday.
Comments
Post a Comment