Mumbai. Indian stock market is moving towards higher right now. According to some experts, the two big giants of the Indian stock market, Sensex and Nifty, will soon cross the mark of 1 lakh and 35 thousand respectively. At present, Sensex is trying to touch the figure of 55 thousand and Nifty 20 thousand. In the atmosphere of these expectations, back to back three companies have been listed in the Indian stock market in the past. Let’s know their condition.
GR Infraprojects: The Udaipur-based construction company, which was listed on the stock market on July 19, made its investors rich by paying a premium of 105 percent on the day of its listing. The shares of the company with a base price of eight and a half hundred had opened at 1715.85. Eight days after its opening, today, July 27, the share price of GR Infraprojects remains at the level of 1720. That is, the confidence of the investors in the company is still intact.
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Clean Science and Technology: The shares of Pune-based Specialty Chemical Manufacturing Company were listed in the market on July 19. In its listing, the company had opened at Rs 1784 against the base price of 890-900. This means that the company paid a premium of 98 per cent to its investors. 8 days after its opening, today on July 27, the share price of Clean Science and Technology remains at Rs 1,667. This means that investor confidence in this company has eroded slightly but is still there.
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Zomato: As soon as India’s door-to-door food delivery company Zomato announced its IPO, investors showed great interest in it. Zomato’s IPO was well subscribed despite the limited number of public shares held and opened at Rs 115 against a base price of Rs 76. Zomato was listed on July 23 and today, four days after the listing, on July 27, its share price remains at 130 levels, which means the company has maintained its confidence among investors.
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