PC Jeweller stock up over 9% on listing
Press Trust of India : Mumbai, Fri Dec 28 2012, 01:31 hrs
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Shares of PC Jeweller on Thursday debuted with over one per cent gain on the BSE and soon surged by 9.37 per cent over its issue price of Rs 135 a share.
At the NSE, the scrip was trading higher by 9.44 per cent to Rs 147.75 after debuting at Rs 137.
The Rs 609-crore initial public offer of PC Jeweller was oversubscribed 6.85 times on the last day of the issue on December 12. The company had a turnover of about Rs 3,000 crore in 2011-12.
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