Kusumgar shares make strong debut on bourses, list at 37% premium over IPO price on BSE | Markets
Mumbai: Shares of engineered fabric manufacturer Kusumgar Ltd made a strong debut on bourses on Wednesday, July 15, 2206 and got listed at a 37 per cent premium over the issue price of Rs 419. The stock opened at Rs 574 on the BSE, up 36.99 per cent from the issue price. It later surged to hit the high of Rs 620 apiece. Last seen, it was trading at Rs 611.20 with a gain of Rs 37.20 or 6.48 per cent, and the market cap of the company stood at Rs 6,399.75. In between, the scrip touched a low of…