Adani Power after having touched a high of Rs 108 in early trades, slipped to a low of Rs 98.50, and finally ended flat at Rs 100 when compared to its issue price.
The counter witnessed hectic trading activity, with around 96.42 million shares changing hands at the counter on the BSE.
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(Updated at 1113 hrs)
Adani Power has slipped below the issue price of Rs 100, and touched a low of Rs 98.50. The stock is currently trading at Rs 99. Over 47.15 million shares have changed hands at the counter so far on the BSE.
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(Updated at 0959 hrs)
Adani Power today listed at Rs 105 on the BSE, a premium of 5% to its issue price of Rs 100 per share.
The company had garnered around Rs 3,000 crore via its IPO, which was subscribed 21.64 times.
The stock touched a high of Rs 108, and is currently trading near the day's low of Rs 102.
The counter has seen trades of around 6 million shares in the first couple of minutes of trades.
Also read: Adani Power may surge 10-30% over issue price on listing day
