Newly-listed Belrise, Aegis Vopak stocks surge up to 6%, Prostarm Info Systems tumbles 5%

Newly listed stocks Belrise Industries, Aegis Vopak Terminals surge up to 6%, Prostarm tumbles 5%

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

The newly-listed shares of Belrise Industries and Aegis Vopak Terminals have seen strong investor interest on June 4. Belrise Industries shares rose nearly 6 percent higher at Rs 97 apiece, while those of Aegis Vopak Terminals were up around 4 percent to hover at around Rs 265 apiece.

Stock Prostarm Info Systems, however, tumbled 5 percent to remain locked in the lower circuit at Rs 119.7.

Belrise Industries share price:

Belrise Industries shares were listed at Rs 100 apiece on NSE on May 28, marking a premium of 11.11 percent over the IPO price of Rs 90 per share. After the market debut, the stock dropped nearly 3 percent to close at Rs 97.41 apiece.

Belrise Industries shares then dropped for four consecutive sessions to close in the red at Rs 92.03 apiece on June 4. The stock has now taken a U-turn, rising nearly 6 percent. It is, however, around 2.5 percent down from the listing price, but over 8 percent higher than the IPO price.

Gaurav Garg from Lemonn Markets Desk had said, "The company, a key supplier of safety-critical components and engineering solutions for two-, three-, four-wheelers, and commercial/agri vehicles, partners with top OEMs like Hero MotoCorp, Bajaj Auto, and Jaguar Land Rover. Its strong OEM ties and focus on future-ready segments make it a promising pick for medium- to long-term investors."

Narendra Solanki, Head Fundamental Research- Investment Services, Anand Rathi Shares and Stock Brokers, had also advised investors to hold the stock post listing for long-term wealth creation.

Aegis Vopak Terminals share price:

Aegis Vopak Terminals shares listed at Rs 220 apiece on NSE on June 2, marking a discount of 6.38 percent from its IPO price of Rs 235 apiece. After the market debut, the stock jumped nearly 10 percent to close at Rs 242 apiece on its debut day.

Aegis Vopak Terminals shares jumped nearly 4 percent today to trade at Rs 265 apiece. It is currently 13 percent higher than the IPO price of Rs 235 apiece, and over 20 percent higher than the listing price of Rs 220 apiece.

Satish Chandra Aluri, Lemonn Markets Desk, had said: "Aegis Vopak Terminals listed at a 6% discount, reflecting cautious investor sentiment and weak debut enthusiasm. Despite strong institutional interest, retail and non-institutional investor participation was muted, with undersubscribed quotas—highlighting concerns over valuation, despite the company’s solid fundamentals. This is reflected in today's listing. Investors with a long term horizon may wait for further consolidation before entering given the solid expansion plans."

Prostarm Info Systems share price:

Prostarm Info Systems shares had listed on NSE at Rs 120 apiece on June 3, marking a premium of 14.29 percent over the IPO price of Rs 105 apiece. The stock later jumped 5 percent on the exchange to get locked in the upper circuit at Rs 126 apiece on its debut day. This marks a 20 percent rise from the IPO price.

A day after its market debut, the stock dropped 5 percent to get locked in the lower circuit at Rs 119.70. It is currently lower than its listing price of Rs 120 apiece, but 14 percent higher than its IPO price of Rs 105 apiece.

"Investors may consider booking partial profits on listing or continue to hold for the long term, depending on their risk appetite," said Narendra Solanki, Head Fundamental Research - Investment Services, Anand Rathi Shares and Stock Brokers.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.