The Year’s Best Performers After Stock Market Debut
.jpg?downsize=1010:568 "The Year’s Best Performers After Stock Market Debut")
Twenty-six companies have raised a record Rs 38,000 crore in initial public offerings so far this year. Here are the top five that gave investors maximum returns after listing.
Avenue Supermarts Ltd. leads the chart with 260 percent gains after its stock market debut. The parent of D-Mart supermarket chain had raised Rs 1,870 crore in an IPO.
Shankara Building Products Ltd.'s shares have surged 212 percent after the home improvement retailer raised Rs 350 crore from its IPO.
Salasar Techno Engineering Ltd. has gained 145 percent, followed by Central Depository Services Ltd. at 130 percent. Shrimp exporter Apex Frozen Foods Ltd. completes the top five with 78 percent gains.
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