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Our Bureau

Mumbai , June 20

The stock of Prime Focus made their debut at Rs 374 at a discount of 10.31 per cent to the issue price of Rs 417.

They fell by 22 per cent below issue price to close at Rs. 325.25.

The shares witnessed an intra day low of Rs. 291 to bounce back at Rs. 325.25 amidst a weak market which ended at 9822.52 points down by 175.32 points.

The company had offered 12,722,588 equity shares at Rs. 10 each. The IPO was subscribed 1.53 points in an extremely volatile market then.

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Fund managers see shaky near-term

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