Business Standard

L&T Tech Services shares rise on debut after $134 million IPO

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Reuters MUMBAI

MUMBAI (Reuters) - Shares in L&T Technology Services Ltd rose as much as 8.3 percent on debut Friday after the company's $134 million initial public offering.

The stock opened at 920 rupees ($13.79) on the National Stock Exchange and rose to a high of 931.45 rupees, compared with the IPO issue price of 860 rupees.

($1 = 66.6950 rupees)

(Reporting by Devidutta Tripathy; Editing by Biju Dwarakanath)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Sep 23 2016 | 10:11 AM IST

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