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Our Bureau

Mumbai , July 18

SHARES of two companies made their debut on the stock exchanges with one at a 50 per cent premium while the other at a marginal premium to the issue prices.

MSP Steel & Power, which came out with IPO at Rs 10, closed at Rs 15 on BSE that is 50 per cent premium to the offer price. It touched at high of Rs 19.50 and total shares traded was 65.55 lakh shares of which 33.99 per cent shares were for delivery.

On NSE the stock closed at Rs 15.30 with total volume of 1.01 crore, of which 42.79 per cent were for delivery.

Nectar Life Sciences closed at Rs 258 on BSE, that is 8 per cent premium to the issue price of Rs 240. The total shares traded were 30.48 lakh shares, of which 19.48 per shares were for delivery. On NSE, the stock closed at Rs 259, up 8.38 per cent with volume of 38.31 lakh shares, of which 21.60 per cent shares were for delivery.

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