Disappointing debut for Suraj Estate Developers

Wednesday 27th December, 2023

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Disappointing debut for Suraj Estate Developers I New Delhi: Shares of Suraj Estate Developers Ltd made a disappointing debut on Tuesday, closing lower by over 7 per cent from the issue price of 360. At the BSE, the stock made its debut at 343.80, a discount of 4.5 per cent from the issue price. During the day, the stock plunged 10 per cent to 323.95 before settling at 334.30, down by 7.13 per cent. The stock listed at 340, down by 5.88 per cent, on the NSE. Shares of the company ended at 334.90, registering a fall of 6.97 per cent. PT