Keystone Realtors makes quiet debut, but analysts see long-term value

The stock listed at Rs 555, a 3 per cent premium to its issue price of Rs 541 per share on the NSE and BSE.

Keystone Realtors, which runs the real estate brand Rustomjee, made a quiet debut on the bourses, with its shares listed at Rs 555, a 3 per cent premium to its issue price of Rs 541 per share on the NSE and the BSE.

At 10:05 am; the stock traded 3 per cent higher at Rs 556. So far in the day, it hit a high of Rs 566.95 on the BSE and Rs 569.95 on the NSE in intra-day trade so far. A combined 3.4 million shares changed hands at the counter on the NSE and BSE.

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