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Craftsman Automation makes weak market debut, lists at 9% discount

The IPO of Craftsman Automation had received decent response from the investors

Stock broker, broker, market crash, market fall, loss, trader, marker, markets, stock markets, stock
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SI Reporter Mumbai
Shares of Craftsman Automation made a weak debut at the bourses on Thursday, listing at Rs 1,350, a 9 per cent discount over its issue price of Rs 1,490 per share on the BSE. The stock opened at Rs 1,359 on the National Stock Exchange (NSE).

However, post listing, the stock rose up to 1,433 on the BSE and NSE, the exchange data shows. At 10:10 am, it was trading at Rs 1,416, down 5 per cent against its issue price on the BSE.

The initial public offer (IPO) of Craftsman Automation had received decent response from the