Midfield Industries rallies on debut

MUMBAI: Shares of Midfield Industries surged over 30 per cent after listing on the Bombay Stock Exchange.

At 11 am, the stock was at Rs 171.50, up 28.94 per cent or Rs 38.50. It touched a high of Rs 174.90 and low of Rs 153.10 in trade so far. Around 95 lakh shares were traded in the counter.

Midfield Industries, a Hyderabad-based company, provides packaging consumables like high tensile steel strapping, different seals for different applications, collated nails & corner boards being used for general and the end of line packaging of goods by varied industries.