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Thursday, May 10, 2007
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Markets - IPOs
Fortis closes below offer price on Day 1

Our Bureau

Mumbai May 9 Fortis Healthcare Ltd, a Ranbaxy promoter group company, made its debut on Wednesday on the BSE at a discount of 2.86 per cent at Rs 105 against the issue price of Rs 108. The stock reached a high of Rs 109.10 and a low of Rs 97.90 before closing at Rs 100.

On the NSE, the company opened at a 1.85 per cent premium at Rs 110. The stock closed at Rs 100.80 after reaching a high of Rs 110 and a low of Rs 98.05. The total traded quantity of shares were 1.38 crore and 2.09 crore on the BSE and NSE respectively.

More Stories on : IPOs | Medical Institutions & Hospitals

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