Cochin Shipyard IPO: Decent Listing

By | August 11, 2017

Cochin Shipyard IPO: Decent Listing – Cochin Shipyard’s shares were listed on August 11. Cochin Shipyard listed its shares on BSE and NSE. The listing of Cochin Shipyard was quite good. This IPO did not disappoint retail investors. Retail investors have issued shares at a discounted price of Rs 411. This IPO was quite popular. Investors had great expectations from this IPO. Of course, this IPO did not disappoint investors, but it did not fully satisfy their expectations. As retail investors were given 30 shares each. Investors were expecting at least ₹ 6000 through this IPO. But the investors who sold this IPO on a listing day got only ₹ 3,200 profits. But overall, investors had a good day.

Cochin Shipyard IPO Listing Figures

Investors did not have to bear the losses like yesterday. As you all know, the listing of SIS India was yesterday. Shortly after listing, The stock prices to SiS India fell. The fall in share prices continued today.  On the contrary, Cochin Shipyard’s IPO gave decent profit to investors. The investors who did not sell their shares today can check the prices on Monday. Today markets were also not performing well due to USA North Korea tension. This stock has shown strong strength throughout the day, which shows that the demand will remain on Monday.

 NSEBSE
OpenRs. 440.15Rs. 435
HighRs. 528.15Rs. 522
LowRs. 435Rs. 435
CloseRs. 528.15Rs. 522

Cochin Shipyard Ltd shares rose more than 20% 0n debut. On NSE, this stock is open at a price of 440.15, while on BSE it opened at a price of 435. The stock closed at 528.15 on the NSE. On BSE it closed at 522.

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More Details about Cochin Shipyard’s IPO.

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