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Aether Industries IPO allottees earn HUGE profit as company shares zoom 21% in debut trade

Shortpedia

Content Team
Image Credit: news 18

Shares of speciality chemicals company Aether Industries on Friday surged 21 per cent against its issue price of Rs 642. The stock made its debut at Rs 706.15, registering a jump of 9.99 per cent from the issue price on BSE. It rallied 20.98 per cent to settle at its upper circuit limit of Rs 776.75. On NSE, it was listed at Rs 704, a premium of 9.65 per cent. The stock jumped 20.62 per cent to end at Rs 774.40.