Rathi Bars Ltd lists at Rs 38

The equity shares of Rathi Bars Ltd listed in Bombay Stock Exchange (BSE) today - Friday, November 23, 2007.

In BSE, the stock opened the day for trading at Rs.38, up by Rs.3 or 8.57% higher than the issue price of Rs.35. The stock was last trading at Rs.33.40, down by Rs.1.6 or 4.57%.

In BSE, the stock hit an intraday high of Rs.45 and low of Rs.32.30. The total traded quantity was 5206737 at a weighted average price of Rs.35.91.

The company issued shares at a price of Rs. 35 Per share (Face Value of Rs. 10/- and Premium of Rs. 25/-) in the recently concluded IPO.

The Registrar to the issue is MAS Services Ltd.

Source : Equity Bulls

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