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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.
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.