Waterways Leisure Tourism shares hit 10% upper circuit for second straight day. Newly listed stock nears its issue price
New Delhi, July 3 -- Waterways Leisure Tourism share price remained in focus on Friday, 3 July, as the stock hit the 10% upper circuit for the second consecutive session, with investors continuing to accumulate shares despite its weak stock market debut earlier this week. Sustained buying interest in the operator of Cordelia Cruises kept the stock locked at the upper price band.
The rally comes after a disappointing listing on Wednesday, when the stock debuted at a sharp discount to its issue price of Rs.808. On the BSE, the shares listed at Rs.690, down 14.60%, and slipped as much as 22.85% intraday to Rs.623.30, before settling at Rs.667.35, a 17.40% discount to the issue price.
On the NSE, the stock opened at Rs.681, down 15.71% from...
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