4 hrs ago
New IPO Listings Capture NSE Turnover as Rentomojo Leads Trading
Three companies that recently joined the stock market were traded very actively.
Together, their shares generated ₹5,812 crore in trading value on the NSE.
This represented 6% of all NSE turnover.
Rentomojo had the most trading activity among the three.
Kanohar Electricals continued to rise after its listing.
Glass Wall Systems reached its upper circuit.
An upper circuit is a limit that stops a stock from rising further that day.
The activity made these new listings the focus of trading.
Three recent IPO listings recorded a combined ₹5,812 crore in NSE turnover.
The three stocks accounted for 6% of NSE turnover.
Rentomojo led the group in trading activity.
Kanohar Electricals extended its post-listing gains.
Glass Wall Systems hit the upper circuit.
- Who
- Rentomojo, Kanohar Electricals, and Glass Wall Systems.
- What
- Three recent IPO listings generated ₹5,812 crore in combined NSE turnover, representing 6% of the exchange’s turnover.
- Where
- The National Stock Exchange, referred to as the NSE.
- When
- Recently; the articles do not specify an exact date.
- Why
- The stocks saw intense trading activity after their listings.
Key facts
- Combined turnover
- ₹5,812 crore
- Share of NSE turnover
- 6%
- Number of stocks
- Three
- Trading leader
- Rentomojo
- Post-listing performance
- Kanohar Electricals extended its gains
- Upper circuit
- Glass Wall Systems
Sources
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