Rural Electrification Corporation lists at Rs 125

The equity shares of Rural Electrification Corporation Ltd listed in both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) today. The company recently came out with an IPO and issued shares at Rs 105.

In BSE, the stock opened the day at Rs 125, up by Rs 20 or 16% over the issue price of Rs 105. The stock hit an intraday high of Rs 128.40 and low of Rs 120.05.

The total traded quantity was 32291271 shares at a weighted average price of Rs 122.85. The stock was last trading at Rs 121.40, up by 15.61% or Rs 16.40.

In NSE, the stock opened the day at Rs 129.90, up by Rs 24.90 or 23.71% higher than the issue price of Rs 105. The stock hit an intraday high of Rs 129.90 and low of Rs 119.90.

The total traded quantity was 56719603 at an average price of Rs 122.62 resulting in a turnover of Rs 69549.58 Lakhs. The stock was last trading at Rs 121.35, up by Rs 16.35 or 15.57%.

Source : Equity Bulls

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