Milky Mist Debuts at 18% Premium, Hits Upper Circuit

A company called Milky Mist makes dairy products like milk and cheese.

It decided to let people buy parts of the company, called shares.

This is called an IPO.

On Tuesday, the shares started being sold on two big stock markets in India.

The shares started at ₹165, which was about 18% more than the price people paid before.

That means the company was popular with buyers.

The price went up even more during the day.

It reached a limit called the upper circuit.

On one market it reached ₹181.50, and on the other ₹181.45.

A big investor called Temasek also owns part of the company.