Shares of S.P. Apparels hit a new high of Rs 1,133, as they surged 20% on the BSE in Wednesday's intra-day trade amid heavy volumes.
The stock locked in upper circuit for the second straight day, up 5% at Rs 339 on the BSE.
The stock listed at Rs 305 on the BSE, while on the NSE it listed at Rs275 against its issue price of Rs 268 per share.
S P Apparels is a manufacturer and exporter of knitted garments for infants and children