| The stock listed at Rs 48, as against the issue price of Rs 20 and kept its upward momentum. The stock in intra-day trades hit a high of Rs 64.90, before closing at Rs 50.20 with volumes accounting for more than 94.1 lakh shares on BSE. |
| Nandan Exim had came out with a public issue of 60 lakh equity shares of Rs 10 each for cash at a premium of Rs 10 per share to raise Rs 12 crore. |
| Market analyst said, textile sector stocks are widely chased by most domestic funds who have recently launched mid cap funds. A strong listing of Nandan Exim exhibits that the interest in mid-cap stocks is still there." |
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