ECOS (India) Mobility makes muted stock market debut; shares list at 17% premium

Shares of ECOS (India) Mobility & Hospitality were commanding a grey market premium of Rs 125-130 per share, suggesting a listing pop of roughly 37-40 per cent for the investors.

Shares of ECOS (India) Mobility & Hospitality made a muted debut at Dalal Street on Tuesday as the stock was listed at a mild premium of 17.15 per cent on NSE at Rs 391.30, over the issue price of Rs 334. Similarly, the stock was listed at Rs 390 on BSE, with a premium of 16.76 per cent over the given issue price.

Source Link: https://www.businesstoday.in/markets/stocks/story/ecos-india-mobility-makes-muted-stock-market-debut-shares-list-at-17-premium-444343-2024-09-04