Ardee Industries made a strong stock-market debut, listing well above its ₹53 issue price. The shares opened at ₹72 on the NSE, a gain of ₹19 or 35.85 per cent.
On the BSE, the stock began trading at ₹73.60, representing a premium of ₹20.60 or 38.87 per cent. The sharp opening reflected strong initial demand, although investors will now watch how the stock settles after the listing-day activity.
Source: Business Standard. This report is an original summary based on the cited source.
