SMR Jewels share price gains after listing with 20% discount on BSE SME
New Delhi, June 8 -- SMR Jewels shares made a weak debut in the Indian stock market today amid a broader selloff in domestic equities. SMR Jewels IPO listing date was June 8, and the stock is listed on the BSE SME platform.
SMR Jewels shares were listed at Rs.102.95 apiece on BSE SME, a discount of 19.57% to the issue price of Rs.128 per share. The stock dropped to an intraday low of Rs.102.40 apiece.
Buying interest in SMR Jewels shares emerged at lower levels and the stock gained nearly 5% from its listing price to touch a high of Rs.108.05 apiece. However, despite the recovery, SMR Jewels share price was still trading below its IPO price.
SMR Jewels IPO listing came amid a broader Indian stock market crash amid selloff in global equ...
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