Shriram EPC closes over 4% lower on debut

Weak market sentiment saw shares of Shriram EPC settle at Rs 286.50, down 4.5 per cent or Rs 13.50, against issue price of Rs 300 on the NSE.

MUMBAI: Weak market sentiment saw shares of Shriram EPC settle at Rs 286.50, down 4.5 per cent or Rs 13.50, against issue price of Rs 300 on the NSE. The stock touched a high of Rs 377 and low of Rs 251 on volume of 95,97,045 shares.

On the BSE, it closed at Rs 293.60 before touching a high of Rs 374.70 and low of Rs 281.05.

Shriram EPC is a service provider of integrated design, engineering, procurement, construction and project management services for renewable energy projects. It raised Rs 150 crore from the capital market to invest in its subsidiary and associate companies.
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