Vidya Wires makes flat market debut but sees early buying interest on NSE

Early gains followed Vidya Wires’ flat listing at ₹52 as strong IPO subscription and post-listing buying pushed the stock over 5 percent higher in initial trade.

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5 days ago

Vidya Wires makes flat market debut but sees early buying interest on NSE

Vidya Wires makes flat market debut but sees early buying interest on NSE
Trading activity picked up in Vidya Wires Ltd after the stock debuted at its issue price of ₹52 per share on the NSE on Wednesday. Despite a flat listing, the shares gained momentum in early trade and touched an intraday high of ₹54.60, reflecting post listing buying interest. The ₹300-crore IPO had seen strong demand with an overall subscription of 26.59 times, led by heavy participation from non-institutional and retail investors.