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PTC India Financial disappoints the street on debut

It was disappointing day for shareholders of PTC India Financial Services as shares traded below the issue price on first day itself. It tumbled 11.43%, to close at Rs 24.80 as against issue price of Rs 28 a share, after hitting an intra-day high of Rs 27 and low of Rs 23.5 on the National Stock Exchange.

March 30, 2011 / 23:39 IST

It was disappointing day for shareholders of PTC India Financial Services as shares traded below the issue price on first day itself. It tumbled 11.43%, to close at Rs 24.80 as against issue price of Rs 28 a share, after hitting an intra-day high of Rs 27 and low of Rs 23.5 on the National Stock Exchange.

Prashastha Seth of IIFL Private Wealth said he wouldn

first published: Mar 30, 2011 05:07 pm

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