Allied Computers International Asia Ltd makes dream debut

The equity shares of Allied Computers International (Asia) Ltd listed in Bombay Stock Exchange (BSE) today - Friday, November 23, 2007.

In BSE, the stock opened the day for trading at Rs.21, up by Rs.9 or 75% higher than the issue price of Rs.12. The stock was last trading at Rs.39.65, up by Rs.27.65 or 230.41%.

In BSE, the stock hit an intraday high of Rs.40.55 and low of Rs.21. The total traded quantity was 18826289 at a weighted average price of Rs.33.60.

The company issued shares at a price of Rs. 12 Per share (Face Value of Rs. 10/- and Premium of Rs.2) in the recently conclude IPO.

The Registrar to the issue is Bigshare Services Private Limited.

Source : Equity Bulls

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