Bikaji Foods makes steady debut; stock lists 8% higher to issue price

Bikaji Foods International listed at Rs 322.80, a 8 per cent premium when compared with its issue price of Rs 300 per share on the NSE.

Bikaji Foods International made a steady debut on the bourses with its shares listed at Rs 322.80, a 8 per cent premium to its issue price of Rs 300 per share on the National Stock Exchange (NSE). The stock started trade at Rs 321.15 on the BSE. Post listing, the stock moved higher to Rs 335 on the BSE and Rs 334.70 on the NSE.

At 10:03 am, Bikaji Foods traded at Rs 320.70, a 7 per cent gain over its issue price. So far in the day, the stock hit a low of Rs 317.65. A combined 8.7