SJVN drifts below IPO offer price

The equity shares of SJVN Ltd (BSE Scrip Code: 533206) was listed and admitted to dealings on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) today - May 20, 2010. The company issued shares in the recently concluded IPO at a price of Rs 26 per equity share.

In BSE, the stock opened the day at Rs 28 and was last trading at Rs 26.10, up by Rs 0.10. The stock hit an intraday low of Rs 24.15 and high of Rs 28.

45235749 equity shares changed hands in BSE at a weighted average price of Rs 25.32.

In NSE, the stock opened the day at Rs 27.10 and was last trading at Rs 26. The stock hit an intraday high of Rs 27.10 and low of Rs 24.

The Total traded quantity was 89472153 equity shares in NSE at a weighted average price of Rs 25.33 resulting in a turnover of Rs 22663.3 Lakhs.

Source : Equity Bulls

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