Maytas Infra lists at Rs 515.75 on NSE
Shares of Maytas Infra Thursday listed at Rs 515.75 on the National Stock Exchange, a premium of 39.4 per cent to the issue price of Rs 370 per share.
By INDIATIMES NEWS NETWORK |
MUMBAI: Shares of Maytas Infra Thursday listed at Rs 515.75 on the National Stock Exchange, a premium of 39.4 per cent to the issue price of Rs 370 per share.
At 10:06 am, the stock was Rs 595.35, up 60.91 per cent or Rs 225.35. It touched a high of Rs 600. So far, around 47.3 lakh shares have been traded in the counter.
On the Bombay Stock Exchange, Maytas Infra shares opened at Rs 480. At 10:08 am, the stock was trading at Rs 588, up 59 per cent or Rs 218 on volume of 24.44 lakh shares. The stock touched a high of Rs 604.
Maytas Infra raised around Rs 327.4 crore via initial public offering to fund its various built-own-transfer projects. These include the Bangalore-Hosur elevated expressway, 300 MW coal-based KVK Nilachal power project in Orissa, 56 MW coal washery reject-based SV power plants, and 2.5 million MT per annum coal washery at Korba in Chhattisgarh.
At 10:06 am, the stock was Rs 595.35, up 60.91 per cent or Rs 225.35. It touched a high of Rs 600. So far, around 47.3 lakh shares have been traded in the counter.
On the Bombay Stock Exchange, Maytas Infra shares opened at Rs 480. At 10:08 am, the stock was trading at Rs 588, up 59 per cent or Rs 218 on volume of 24.44 lakh shares. The stock touched a high of Rs 604.
Maytas Infra raised around Rs 327.4 crore via initial public offering to fund its various built-own-transfer projects. These include the Bangalore-Hosur elevated expressway, 300 MW coal-based KVK Nilachal power project in Orissa, 56 MW coal washery reject-based SV power plants, and 2.5 million MT per annum coal washery at Korba in Chhattisgarh.
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