Tech Mahindra sizzles, zooms 51% on Day 1

Tech Mahindra finished its debut day on the bourses with a bang.

The stock, which was listed at a premium of 44% at Rs 525 (as against the IPO price of Rs 365) on the BSE, hit a high of Rs 569 and a low of Rs 523 today.

The scrip finally closed with a gain of 51% at Rs 553.

The counter logged a huge volume of over 82.15 lakh shares, and topped the turnover chart with trades of over Rs 454 crore.