2 weeks ago

Amagi Media Labs shares soar 14% to fresh post-listing high

Amagi Media Labs shares soar 14% to fresh post-listing high
Amagi Media Labs shares soar 14% to a new post-listing high after healthy Q1 results · CNBC TV 18

Amagi Media Labs is a company whose shares people can buy and sell.

The company recently shared its first-quarter results, and they were very healthy.

Because the results were good, many investors wanted to buy the shares.

This made the share price go up by about 14% in a single day.

The price reached ₹727, which is the highest it has ever been.

When the company first sold shares to the public, they cost ₹361 each.

Now the shares are worth about twice that amount.

They are also worth much more than the price of ₹317 when they first started trading.

When a company does well, its shares usually become more valuable.

Investors are happy because the company is performing strongly.

Key facts

Company
Amagi Media Labs
Intraday gain
Up to 13.8%
All-time high price
₹727 per share
Issue price
₹361 per share
Listing price
₹317 per share
Gain from issue price
101%
Gain from listing price
129%
Trigger
Healthy Q1 results

Sources

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