Campus Activewear shares gain nearly 30% on debut
The stock listed at ₹355, registering a premium of 21.57%, against the issue price on the BSE. During the day, it zoomed 43% to ₹417.70. It settled at ₹378.60, higher by 29.65% despite a selloff in the broader market. On the NSE, the stock made it...
By PTI | Updated:
iStock
New Delhi: Shares of athleisure footwear company Campus Activewear made a healthy market debut on Monday and jumped nearly 30% against the issue price of ₹292.
The stock listed at ₹355, registering a premium of 21.57%, against the issue price on the BSE. During the day, it zoomed 43% to ₹417.70. It settled at ₹378.60, higher by 29.65% despite a selloff in the broader market.
On the NSE, the stock made its debut at ₹360, a jump of 23.28% over the issue price. It ended at ₹372.65, a gain of 27.61%.
In traded volume terms, 34.99 lakh shares were traded at the BSE and over 5.87 crore shares at the NSE during the day. Its market valuation remained at ₹11,521.78 crore on the BSE.
The initial public offer of Campus Activewear was subscribed 51.75 times last month.
According to bulk deal data available with the National Stock Exchange, Motilal Oswal Mutual Fund bought 48 lakh shares of the company worth ₹174 crore through three transactions.
The stock listed at ₹355, registering a premium of 21.57%, against the issue price on the BSE. During the day, it zoomed 43% to ₹417.70. It settled at ₹378.60, higher by 29.65% despite a selloff in the broader market.
On the NSE, the stock made its debut at ₹360, a jump of 23.28% over the issue price. It ended at ₹372.65, a gain of 27.61%.
In traded volume terms, 34.99 lakh shares were traded at the BSE and over 5.87 crore shares at the NSE during the day. Its market valuation remained at ₹11,521.78 crore on the BSE.
The initial public offer of Campus Activewear was subscribed 51.75 times last month.
According to bulk deal data available with the National Stock Exchange, Motilal Oswal Mutual Fund bought 48 lakh shares of the company worth ₹174 crore through three transactions.
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