Apr 16, 2010, 09.28 AM IST | Source: Moneycontrol.com

Goenka Diamond plunges 31.7% after listing

Shares of Goenka Diamond and Jewels listed with discount of 8.15% to its issue price of Rs 135 per share on the NSE. It has touched a low of Rs 92.20 in early trade, a fall of 31.7% and was trading at Rs 108.30, down 19.78% from its issue price.

Goenka Diamond plunges 31.7% after listing

Shares of Goenka Diamond and Jewels listed with discount of 8.15% to its issue price of Rs 135 per share on the NSE. It has touched a low of Rs 92.20 in early trade, a fall of 31.7% and was trading at Rs 108.30, down 19.78% from its issue price.

At 9:15 hours IST, it witnessed volume of 29 lakh shares and has seen a turnover of Rs 31 crore.

On the BSE, a share was trading at Rs 108.75, after seeing a high of Rs 130 (a opening price as well) and low of Rs 92.35. It witnessed volume of 25 lakh shares.

Goenka Diamond entered capital markets with a Rs 145-crore public issue and had set price band of Rs 135-145 per share.  The issue, which opened for subscription during March 23-26, was subscribed 1.07 times.

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