HP Adhesives makes decent debut, shares list at 16% premium to issue price

At 10:01 am, the stock was locked at the 5 per cent upper circuit at Rs 334.95 on the BSE

Adhesives and sealants company HP Adhesives has made a decent market debut, with its shares listed at Rs 319, a 16 per cent premium over its issue price of Rs 274 per share on the BSE. The stock opened at Rs 315, 15 per cent higher against its issue price on the National Stock Exchange (NSE).

At 10:01 am; HP Adhesives was locked at the 5 per cent upper circuit at Rs 334.95 on the BSE. In comparison, the S&P BSE Sensex was down 0.29 per cent at 56,960. A combined around 700,000 equity shares had changed hands at