Thursday, 8 February 2018

Galaxy Surfactants gains over 13% on debut


Stock tips
Specialty chemicals manufacturer, Galaxy Surfactants, debuted in the stock Exchange on Thursday at 15% in debut trade over the issue price of Rs.1480.

The stock listed at Rs 1520 and 2.70% from the issue price on BSE. During the session, the stock rose 17% to Rs 1,732 and finally ended at Rs 1,698.10, by gaining 14.73%

On NSE, shares of Galaxy Surfactants ended 14.89% higher at Rs 1,700.45. The company's M-Cap stood at Rs 6,020.57 crore.

By equity volume terms, over 13.40 lakh shares of the company have been traded on Bombay Stock Exchange and 85.00 lakh shares changed hands on National Stock Exchange during Thursday’s session.

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