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Debutants put up a good show; Medanta soars 24%, Bikaji Foods up 6%

Medanta's stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands

Tech Mahindra hikes by 3.4 percent, UltraTech cement falls by 1.9 percent
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Bikaji Foods is currently valued at nearly Rs 8,000 crore—over 100 times its FY22 earnings

BS Reporter Mumbai
Shares of Global Health (Medanta) and Bikaji Foods International finished above their initial public offering (IPO) price during their trading debut on Wednesday. Medanta ended at Rs 417.3, up 24.2 per cent over its issue price of Rs 336. The stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands. 

Meanwhile, shares of Bikaji Foods finished at Rs 317.5, with a gain of 5.83 per cent over its issue price of Rs 300. Its stock hit a high of Rs 334.7 and a low of

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