NSE share price tanks below IPO issue price.
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- National Stock Exchange Ltd. shares fell below IPO price for the first time since listing
- Shares dropped to a low of Rs 1,761 on the BSE during Monday trading
- NSE's IPO price band upper limit was Rs 1,785 per share
National Stock Exchange Ltd.'s stock fell as low as 1.77% to trade below its IPO issue price on Monday for the first time since listing. The shares slipped to a low of Rs 1,761 apiece on the BSE.
The upper price level for NSE's IPO price band was Rs 1,785. The stock pared some losses to trade 1% lower at Rs 1,774.90 as of 11:50 a.m. on its rival exchange and only trading platform, BSE.
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