Kiri Dyes ends with 5.97% premium ~ IPO India: IPO News India, Latest IPO News from Share Market India, Indian IPO News

Tuesday, April 22, 2008

Kiri Dyes ends with 5.97% premium

Kiri Dyes & Chemicals, manufacturer of synthetic organic and dye intermediates, ended the day at Rs 158.95 on the NSE with a premium of 5.97% on its issue price of Rs 150.

On the NSE, the stock had touched an intraday high of Rs 228.70 and intraday low of Rs 156.15. Its total traded quantity was 1,22,02,553 shares and turnover was Rs 211.65 crore.

On the BSE, Kiri Dyes closed at Rs 158.55. It has touched an intraday high of Rs 204 and intraday low of Rs 151. The total traded quantity was 1,23,02,573 shares.

The share opened at Rs 184 on the NSE and at Rs 151 on the BSE.

The company had entered capital market with its IPO of 37,50,000 equity shares of Rs 10 each and raised funds for executing its backward integration project for manufacturing three key raw materials for dye intermediates.

Source: Moneycontrol.com

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