New Delhi, Sept. 4 -- Lumino Industries shares continued their upward momentum on Friday, September 4, following the company's strong stock market debut on Thursday, September 3.

The recently listed stock rose 5.2% in intraday trade to touch a high of Rs.116.08. At this level, the stock was trading 41.5% above its IPO price of Rs.82 per share.

Lumino Industries had made its market debut at Rs.110 on the BSE, representing a premium of 34.15% over its issue price. During the previous trading session, the stock climbed more than 45% to an intraday high of Rs.119 before settling at Rs.110.35 per share, up 34.6% from the IPO price.

Lumino Industries continues to offer a positive investment case because of its attractive valuation compared w...