Indostar Capital rises 2% on debut

May 21, 2018 09:24 pm | Updated 09:24 pm IST - New Delhi

Shares of Indostar Capital Finance ended with more than 2% gains on the issue price of ₹572 in its debut trade on Monday.

The stock listed at ₹600, an increase of 4.89% from the issue price on the BSE. During the day, it rose 5.99% to ₹606.30.

It finally ended 2.36% higher at ₹585.50.

On the NSE, the shares settled at ₹585, a gain of 2.27%. The company’s market valuation stood at ₹5,336.19 crore on on the BSE. In terms of equity volume, 26.88 lakh shares of the company were traded on the BSE and more than one crore shares changed hands on the NSE during the day.

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