Jefferies's top stock recommendation: Buy rating with 27% upside | Indian share up 57% against IPO price in one month
New Delhi, Sept. 30 -- Jefferies stock recommendations | Indian stock market: Molbio Diagnostics IPO is one of those rare Indian IPOs that have delivered a whopping return to its share allottees. The public issue was available last month at an upper price band of Rs.807 per equity share, and the Goa-based company had a bumper debut on Dalal Street on 17 August 2026. Molbio Diagnostics shares debuted on the BSE and the NSE at Rs.980, delivering over 21% listing gain to the lucky allottees.
The bull run in the Molbio Diagnostics share price didn't end here. Molbio Diagnostics share price extended its listing gains and touched an all-time high of Rs.1,686.80 apiece on the NSE, delivering a multibagger return to those shareholders who remain...
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