Narayana Hrudayalaya shares on Wednesday made a stellar debut on stock exchanges and settled at Rs336.70 on BSE, with a premium of over 34 per cent over the issue price of Rs250. On BSE, the stock listed at Rs291, a gain of over 16 per cent over its issue price.
During the day, the stock touched a high of Rs344.20 and a low of Rs291. On NSE, the stock debuted at Rs291 and surged 16 per cent before finally settling at Rs336.95, up 34.78 per cent. During the day, it surged to a high of Rs345.65 and low of Rs291.
At the end of today's trading session, the company commanded a market capitalisation of Rs6,880.83 crore. The uptrend at the counter assumes significance as the broader market settled in the negative zone at 25,406.33, down 174.01 points. Narayana Hrudayalaya had raised Rs613 crore through its IPO last month.