Kiri Dyes ends day 1 at 6% premium

Kiri Dyes and Chemicals ended its first day of trade at Rs 158.95, premium of 6 per cent or Rs 8.95, on the National Stock Exchange.

MUMBAI: Kiri Dyes and Chemicals ended its first day of trade at Rs 158.95, premium of 6 per cent or Rs 8.95, on the National Stock Exchange.

It touched a high of Rs 228.70 and low of Rs 156.15 on volume of 1,22,02,553 shares.

On the BSE, it settled at Rs 158.55, up 6 per cent on volume of 1,23,02,573 shares. It touched a high of Rs 204 and low of Rs 151.

The company had a strong listing at Rs 184 against issue price of Rs 150 per share but gave away listing gains as the day progressed.

Ahmedabad based Kiri Dyes and Chemicals manufactures reactive dyes and dye intermediates. Its production hub has production capacity of 10,800 MTPA and caters to textiles, leather, paint and printing-ink industries.
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