Stock of this footwear company has zoomed 101% from its listing day low

Shares of Metro Brands hit a new high of Rs 857, gaining 5 per cent on the BSE in Friday's intra-day trade, having surged 49 per cent in the past one month on the back of strong earnings in June quarter (Q1FY23). In comparison, the S&P BSE Sensex has rallied 10 per cent in the past one month.

The stock of the footwear company has zoomed 101 per cent from its listing day low of Rs 426.10, hit on December 22, 2021. Currently, it is 71 per cent higher against issue price of Rs 500 per share.

Rekha