Equity shares of Raj Television Network Limited (RAJ TV) lists below offer price

The equity shares of Raj Television Network Limited which listed in BSE and NSE today continued to trade below its offer price of Rs.257. The company's shares were offered at Rs.257 in the recently concluded IPO.

The shares opened the day in NSE at Rs.225, down by Rs.32 and went to hit an intraday high of Rs.234.90. The shares never traded above the offer price in NSE. At 2:50 PM, the shares were traded at Rs.209.05, down Rs.47.95 - 18.66% compared to the offer price of Rs.257.

The total traded quantity was 5793428 equity shares with a turnover of Rs.12698.61 Lakhs.

In BSE, the shares opened the day at Rs.275 and it remained the day's high. The shares went on to hit an intraday low of Rs.207.10. At 2:50 PM the shares were traded at Rs.209.5, down by Rs.47.50.

Source : Equity Bulls

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