Dhoot Transmission makes strong market debut with 38% gain
Shares of Dhoot Transmission saw a stellar market entry on Monday, climbing nearly 38% after the company's IPO was oversubscribed 74.21 times. The stock opened at ₹1,200 on the NSE and ₹1,193.80 on the BSE, significantly higher than its issue price of ₹871. Following this ₹3,067-crore public offering, the company's market valuation reached ₹24,418.95 crore. Dhoot Transmission specializes in producing items like electronic sensors, wiring harnesses, and various power cords and cables.
by shortkt.com✓