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Shankara Building shares debut on stock market, gain 38% on listing

Shankara Building shares debut on stock market, gain 38% on listing

Wednesday, April 5, 2017, 7:56 PM

Shares of Shankara Building on Wednesday closed up 37.57% at Rs.632.80 on debut, following subscription of 41.6 times for IPO of Rs.350 crore last week. Scrip opened at Rs.545 a share and touched a high and a low of Rs.638 and Rs.545, respectively. India’s benchmark Sensex index closed higher by 0.21% to close at 29974.24 points. In intraday, it surged as much as 38.7%.
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