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Monday, December 23, 2024 | 11:51 PM ISTEN Hindi

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This recently listed stock has zoomed 120% over its issue price

Ami Organics rallied 20% to Rs 1,345.70 in the intra-day trade today

stocks, market, investors, investment
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Illustration by binay sinha

SI Reporter Mumbai
Shares of Ami Organics have been on a dream run on the bourses ever since their strong stock market debut on Tuesday. The market price of the company has more-than-doubled over its issue price after the shares hit a new high of Rs 1,345.70 on the BSE in the intra-day trade.

They rallied 20 per cent today, adding on to their 20 per cent surge of Wednesday. With the past two days' rally, the stock has zoomed 120 per cent over its issue price of Rs 610 per share.

At 11:09 am, Ami Organics was trading 14 per

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