Schloss Bangalore Makes Flat Debut

New Delhi: Shares of Schloss Bangalore, which operates Leela Palaces Hotels and Resorts, on Monday ended on a flat note after listing with a discount of nearly 7 per cent against the issue price of Rs 435 earlier in the day. The stock made its debut at Rs 406.50, down 6.55 per cent from the issue price, on the BSE. During the morning trade, it tanked 7 per cent to Rs 404.45. However, later, the counter saw some buying activity and climbed 0.87 per cent to Rs 438.80. Shares of the firm ended at Rs 435.55 apiece, up marginally by 0.12 per cent. On the NSE, shares of the firm listed at Rs 406, a discount of 6.66 per cent.