BLS Polymers shares jump 7% for second day, hit record high; stock rallies 92% over IPO price
60-Word AI Digest
BLS Polymers shares rose nearly 7% on 4 November, reaching a record ₹288 after debuting at a steep premium. Its ₹255-crore IPO was subscribed 241.22 times. The company plans to use proceeds for manufacturing expansion, working capital and general corporate needs.
Key Takeaways
- BLS Polymers shares rose nearly 7% on 4 November, reaching a record ₹288 after debuting at a steep premium.
- Its ₹255-crore IPO was subscribed 241.22 times.
- The company plans to use proceeds for manufacturing expansion, working capital and general corporate needs.
BLS Polymers shares rose nearly 7% on 4 November, reaching a record ₹288 after debuting at a steep premium. Its ₹255-crore IPO was subscribed 241.22 times. The company plans to use proceeds for manufacturing expansion, working capital and general corporate needs.
Original Publisher Attribution
This summary was curated from Investors guide here.