Parabolic Drugs slips 12% below issue price
Shares of Parabolic Drugs were witnessing intense selling pressure after a flat listing on the exchanges on Thursday.
By ET Bureau |
MUMBAI: Shares of Parabolic Drugs were witnessing intense selling pressure after a flat listing on the exchanges on Thursday.
The scrip was at Rs 66.15, down Rs 8.85 or 11.80 per cent on the NSE. The stock touched a high of Rs 75.95 and low of Rs 65.30 in trade so far. Around 60.81 lakh shares were traded in the counter so far.
On the BSE, the scrip was at Rs 66.20 down Rs 8.80 or 11.80 per cent. It touched a high of Rs 79 and low of Rs 65.30 on volume of 45.95 lakh shares.
The Chandigarh based manufacturer of APIs and API intermediates raised Rs 200 crore through IPO for funding its capital expenditure and repayment of loans.
The scrip was at Rs 66.15, down Rs 8.85 or 11.80 per cent on the NSE. The stock touched a high of Rs 75.95 and low of Rs 65.30 in trade so far. Around 60.81 lakh shares were traded in the counter so far.
On the BSE, the scrip was at Rs 66.20 down Rs 8.80 or 11.80 per cent. It touched a high of Rs 79 and low of Rs 65.30 on volume of 45.95 lakh shares.
The Chandigarh based manufacturer of APIs and API intermediates raised Rs 200 crore through IPO for funding its capital expenditure and repayment of loans.
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