7 days ago
Crizac share price rallies another 9%, now trades 32% higher than IPO price
Crizac share price in focus today: After making a bumper debut on the Indian stock market, Crizac share price extended its momentum on Thursday, rallying another 9% to hit the day's high of ₹ 334.75 apiece in intraday trade.
Crizac share price made a grand entry on the exchanges on Wednesday, listing at ₹ 281.05 on the NSE, a 14.71% premium over the IPO price of ₹ 245, and ended its first trading day even higher at ₹ 307.60. Adding to the excitement on debut day, Sunil Singhania's Abakkus Asset Manager Pvt Ltd. picked up a stake in the company during the listing itself.
According to exchange data, Abakkus Asset Managers bought 36.73 lakh shares at ₹ 298.33 apiece, taking the total transaction value to approximately ₹ 109.5 crore. Taking today's intraday high into account, Crizac share price has gained 37% over its IPO price.
