RITES Shares Make Strong Market Debut, Details Here

RITES shares made a strong market debut on Monday. RITES shares opened at Rs 190 apiece and rose to as much as Rs 224.40 on the BSE, a premium of more than 21 per cent from the issue price of Rs 185. At 1:25 pm, RITES shares traded 17 per cent higher at Rs 216.90 on the stock exchange. On the National Stock Exchange (BSE), RITES shares traded at Rs 214.05. The IPO of government-run consultancy RITES was subscribed nearly 67 times, ac...