The shares price of Prakash Constrowell, a infrastructure development and civil construction company, gained 65 per cent on debut from its initial public offer (IPO) price. This was amid poor market conditions, as the benchmark indices, Sensex and Nifty fell 1.77 per cent and 1.6 per cent, respectively.
The share, though, managed a sharp move up after listing at Rs 145 on BSE, against an IPO price of Rs 138. The stock was last traded at Rs 229 on BSE. On the National Stock Exchange the share was listed at Rs 147 and last traded at Rs 230.
