Alpa Laboratories closes at Rs.55.15, down 18.90%

The equity shares of Alpa Laboratories Ltd listed today in National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) today. The company issued shares at Rs.68 per share in the recently concluded IPO.

In BSE, the stock opened the day at Rs.60, down by Rs.8 or 11.76% less than the issue price of Rs.68. The stock hit an intraday high of Rs.65 and low of Rs.54 during the day.

In BSE, the stock closed the day at Rs.55.60, down by Rs.12.40 or 18.23% lower than the issue price. The total traded quantity was 9064748 shares at a weighted average price of Rs.56.39.

In NSE, the stock opened at Rs.61, down by Rs.7 or 10.29% less than the issue price of Rs.68. The stock hit an intraday high of Rs.62 and low of Rs.53.75.

In NSE, the stock closed the day at Rs.55.15, down by Rs.12.85 or 18.90% compared to the issue price of Rs.68. The total traded quantity was 9793868 equity shares at an average price of Rs.56.30 resulting in a turnover of Rs.5513.95 Lakhs.

The Deliverable Quantity was at 1681726 equity shares which was 17.17% of Deliverable Quantity to Traded Quantity.

Source : Equity Bulls

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