Maharashtra-based LAPL Automotive saw a robust entry on the BSE SME platform this Thursday, even as the wider markets faced a decline. The company's stock opened at ₹135, marking a 43.62% jump over its initial price of ₹94. Following the debut, the stock experienced some profit-taking, causing the price to slide to ₹129, which is near its 5% lower circuit limit of ₹128.25.