Indowind Energy Limited closes at 74.85% premium

The equity shares of Indowind Energy Limited listed in National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) today. The company issued shares in the recently concluded IPO at a price of Rs.65 per share.

In NSE, the stock opened the day at Rs.75, up by Rs.10 or 15.38% premium to the issue price of Rs.65. The stock closed the day at Rs.113.65, up by Rs.48.65 or 74.85% higher than the issue price of Rs.65.

The stock hit an intraday high of Rs.124 and low of Rs.58.95. The total traded quantity was 48415594 resulting in a turnover of Rs.43840.32 Lakhs. The % of Deliverable Quantity to Traded Quantity was just 4.44%.

In BSE, the stock opened the day at Rs.80.25, up by Rs.15.25 or 23.46% compared to the issue price of Rs.65. The stock closed the day at Rs.114.05, up by Rs.49.05 or 75.46%.

The stock hit an intraday high of Rs.124.50 and low of Rs.55.10. The total traded quantity was 40391092 at a weighted average price of Rs.89.

Source : Equity Bulls

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