PNGS Reva shares make a weak start on D-Street debut

Shares of diamonds and precious stones retailer PNGS Reva Diamond Jewellery made a weak debut on the exchanges on Wednesday, listing at ₹375 per share on the National Stock Exchange (NSE), a discount of 2.84% to the IPO price of ₹386 per share. On the BSE, the stock opened at ₹372, down 3.62% from the issue price. The stock recovered during the session and closed above its offer price. It settled at ₹411.7 on the NSE, up 6.65% over the issue price, while ending at ₹413.9 on BSE, a gain of 7.24%.