Dharmaj Crop slips 11% in three days; falls below issue price of Rs 237

The stock had recently made a decent debut, with its shares listed at Rs 266 - a 12 per cent premium to its issue price.

Shares of Dharmaj Crop Guard hit a new low of Rs 236.10, down 2 per cent on the BSE in Tuesday’s intra-day trade in an otherwise firm market. The stock has now fallen below its issue price of Rs 237 per share. In comparison, the S&P BSE Sensex was up 0.51 per cent at 62,446 at 12:20 PM.

Share price of the recently listed pesticides & agrochemicals company traded lower for third straight day, declining 11 per cent during the period. It was down 15 per cent from its listing day high of Rs 278.90 on the BSE. The