Moneycontrol
    Moneycontrol PRO
    LAMF
    LAMF

    Max Alert Systems closes 146% higher on Day 1

    Shares of Max Alert Systems saw huge buying interest on day one, rising 146.25% to close at Rs 49.25 on the BSE.
    July 17, 2012 / 14:27 IST

    Shares of Max Alert Systems saw huge buying interest on day one, rising 146.25% to close at Rs 49.25 on the BSE.

    The stock rallied as much as 157.5% to Rs 51.50 on Friday.

    Company had launched its Rs 8-crore IPO during June 28-July 2, 2012. Issue proceeds will be used for setting up of crushing plant (with an outlay of Rs 8.6 crore).

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347