C & C Constructions Limited lists below offer price, down nearly 20%

The equity shares of C & C Constructions Limited which came out with an IPO recently was listed in both NSE and BSE today. The company issued shares at Rs.291 in the recently concluded IPO through 100% book building process.

In NSE, the shares opened the day at Rs.288 and that was the high for the day till 12:10 PM. The stock hit an intraday low of Rs.229.15 and was trading at Rs.234.15. The stock is trading down by Rs.56.85 (down 19.54%) over the issue price of Rs.291.

At 12:10 PM, the total traded quantity in NSE was 1587529 and the turnover was Rs.3891.83 Lakhs.

In BSE, the stock opened the day at Rs.350 which was the day's high till 12:10 PM. The stock hit an intraday low of Rs.229.15 and was trading at Rs.234.15. The stock was down by 19.54% from its issue price. 1986799 shares were traded with an weighted average price of Rs.245.73.

Source : Equity Bulls

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