Parabolic Drugs slips below IPO price

The equity shares of Parabolic Drugs Ltd (BSE Scrip Code: 533211) was listed and admitted to dealings on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) from July 1, 2010.

The stock opened in BSE for the day at Rs 76, up by Rs.1 as compared to the IPO price of Rs 75 per share.

The stock was last trading in BSE at Rs.67.40, down by Rs.7.60 or 10.13%. The stock hit an intraday high of Rs.79 and low of Rs.65.30.

The total traded quantity was 5379841 at a weighted average price of Rs 69.01.

Source : Equity Bulls

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