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Bharti Hexacom settles around 43% higher
The stock started the trade at Rs755.20, registering a gain of 32.49% from the issue price of Rs570
New Delhi: Shares of Bharti Airtel’s arm Bharti Hexacom Ltd listed with a huge premium and ended with a gain of nearly 43 per cent against the issue price of Rs570 on Friday. The stock started the trade at Rs755.20, registering a gain of 32.49 per cent from the issue price on the BSE. During the day, it climbed 54.36 per cent to Rs879.90. Shares of the company later ended at Rs813.75, up 42.76 per cent.
On the NSE, the stock made its debut at Rs755, rising 32.45 per cent. It ended at Rs814, a jump of 42.80 per cent. The company’s market valuation stood at Rs40,687.50 crore. In traded volume terms, 20.94 lakh shares of the company were traded at the BSE and over 534.65 lakh shares at the NSE during the day.
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