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Our Bureau

Mumbai , April 3

Shares of the Nagpur-based Solar Explosives Ltd made their debut on the stock markets on Monday at a premium of 15.73 per cent on the BSE at Rs 219.90, compared to the issue price of Rs 190. On the NSE, the stock was listed at Rs 225, a premium of 18.42 per cent compared to the issue price.

The shares ended the day at Rs 263.10 (BSE), a substantial premium of 38.47 per cent to the issue price, after hitting the day's high of Rs 286.90. On the NSE, it closed at Rs 264.60, after touching the day's high of Rs 290 during intra-day.

While 1.02 crore shares were traded on the NSE, another 60.41 lakh shares changed hands on the BSE. The company's IPO for 44 lakh shares was subscribed by over 14 times.

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