Fino Payments Bank Makes Weak Market Debut, Lists 6% Lower Than IPO Price

Shares of Fino Payments Bank made a weak stock market debut on Friday as the stock opened for trading at Rs 544 on the National Stock Exchange compared with its issue price of Rs 577 per share, marking a discount of nearly 6 per cent, data from stock exchange showed. However, the stock staged a recovery in trading afterwards as it touched an intraday high of Rs 582.95. On the BSE, Fino Payments Bank stock touched an intraday high of ...