Rolex Rings Makes Stellar Stock Market Debut, Lists At Premium Of 39%

Rolex Rings shares made a stellar stock market debut on Monday. Rolex Rings shares opened for trading at Rs 1,250, up 39 per cent from issue price of Rs 900 per share. The stock rose as much as 40 per cent to hit an intraday high of Rs 1,263 per share. Rolex Rings shares were in very high demand during the three-day share sale via initial public offering which ended July 30. The country's 28th IPO of the year was subscribed 130.44 ti...