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Tuesday, Sep 25, 2007
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ECE Industries makes NSE debut

Our Bureau

Mumbai, Sept. 24 ECE Industries Ltd, a company in the business of power technology, made its debut on the NSE at a premium of 18.67 per cent against the offer price of Rs 589 at Rs 699. It has already been listed on the BSE earlier and closed at Rs 632.25 on Monday.

During the day, the stock witnessed a high of Rs 728.95, a low of Rs 602 and finally closed at Rs 637.85 on the NSE.

The total traded quantity on the NSE was 8682 shares.

The other company which entered the NSE was GMR Industries Ltd, the manufacturing arm of the GMR Group, a private sector organisation with interests in infrastructure and agri-business.

It listed at a premium of 20 per cent against the issue price of Rs 172 at Rs 206.40.

The stock witnessed a high of Rs 206.40 and a low of Rs 199.30 and closed at Rs 206.

The total traded quantity on the NSE was 32146 shares.

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