 "hudco")
Shares of Housing and Urban Development Corporation (HUDCO) listed at Rs 73.45, a 22% premium against its initial public offer (IPO) price of Rs 60 on the BSE. On the National Stock Exchange (NSE), the stock opened at Rs 73.
The stock settled at Rs 72.50, a 21% premium to its issue price, and 1.3% lower against its opening price. In intraday trade, the stock rallied as much as 30% to Rs 77.80 against its IPO price.
The discount of Rs 2 per share to the issue price of Rs 60 was offered to retail and eligible employees.
The stock settled at Rs 72.50, a 21% premium to its issue price, and 1.3% lower against its opening price. In intraday trade, the stock rallied as much as 30% to Rs 77.80 against its IPO price.
The discount of Rs 2 per share to the issue price of Rs 60 was offered to retail and eligible employees.
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