Latest News | Krishna Institute of Medical Sciences Shares Close Nearly 21 Pc Higher in Debut Trade

New Delhi, Jun 28 (PTI) Shares of Krishna Institute of Medical Sciences Ltd closed with a premium of nearly 21 per cent on the bourses on Monday against its issue price of Rs 825.

The stock debuted at Rs 1,008.90, registering a gain of 22.29 per cent from the issue price on the BSE. It then jumped 28.23 per cent to Rs 1,057.95 during the day. The stock closed the trade at Rs 995.90, a gain of 20.71 per cent.

On the NSE, it listed at Rs 1,009, up 22.30 per cent, and closed at Rs 987.50, rallying 19.69 per cent.

Its market valuation was at Rs 7,969.97 crore on the BSE.

On traded volume terms, 6.20 lakh shares were traded at the BSE and more than 1.33 crore units on the NSE during the day.

Earlier this month, the initial public offer of Krishna Institute of Medical Sciences Limited was subscribed 3.86 times.

The price range for the offer was Rs 815-825 per share.

Krishna Institute of Medical Sciences (KIMS) is one of the largest corporate healthcare groups in Andhra Pradesh and Telangana in terms of the number of patients treated and treatments offered.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)