DOMS, India Shelter dazzle on debut but pare listing gains
Mint Mumbai|December 21, 2023
Stationery products maker DOMS Industries Ltd and housing finance company India Shelter Finance Corporation Ltd made stellar debut on the stock exchanges on Wednesday. However, the two stocks ended lower than their listing price due to profit.
Mayur Bhalerao
DOMS, India Shelter dazzle on debut but pare listing gains

Shares of DOMS opened at ₹1,400 apiece on the National Stock Exchange (NSE), a 77% premium over its issue price. It hit an intraday high of ₹1,434.25 before settling at ₹1,326.05, down almost 7% on the NSE.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MINT MUMBAIView all
Making a compelling case for first-time tablet buyers
Mint Mumbai

Making a compelling case for first-time tablet buyers

The Apple iPad mini has been upgraded for AI features at a time when buyer interest in tablets is rising again

time-read
3 mins  |
November 13, 2024
Soon, a digital, AI-enabled twin of St Peters
Mint Mumbai

Soon, a digital, AI-enabled twin of St Peters

A new way to search and other AI-powered marvels in the news this week

time-read
1 min  |
November 13, 2024
Wearables Can Now Help Women Fight Cancer
Mint Mumbai

Wearables Can Now Help Women Fight Cancer

Wearable devices are the next big leap in the prevention and treatment of breast cancer through early detection and monitoring

time-read
4 mins  |
November 13, 2024
Mint Mumbai

AI adoption by law firms may result in a talent crunch

An AI takeover of entry-level work would mean fewer lawyers trained to do what AI cannot

time-read
4 mins  |
November 13, 2024
Monetary policy must account for climate risks as well
Mint Mumbai

Monetary policy must account for climate risks as well

To begin with, the trade-off between inflation and growth will get much harder to manage

time-read
3 mins  |
November 13, 2024
Trump is stuck with the Fed's Powell. He should make peace
Mint Mumbai

Trump is stuck with the Fed's Powell. He should make peace

The US president-elect's best bet is to let the central bank do its job

time-read
3 mins  |
November 13, 2024
Gig worker social security: India should aim for a perfect balance
Mint Mumbai

Gig worker social security: India should aim for a perfect balance

Gig workers would get an optimal mix of flexibility and protection if India's 2020 social-security code is implemented well

time-read
3 mins  |
November 13, 2024
Will routine investors in Indian stocks keep calm and carry on?
Mint Mumbai

Will routine investors in Indian stocks keep calm and carry on?

It's unclear how long equities can count on SIP-mutual-fund support if prices continue to weaken

time-read
3 mins  |
November 13, 2024
Let corporate earnings lead the Indian market
Mint Mumbai

Let corporate earnings lead the Indian market

How much further will our investor-population boom go? While retail demand for shares might have space for growth, let's not forget these assets are only as good as their earnings

time-read
2 mins  |
November 13, 2024
BUCKET STRATEGY: A ROAD MAP TO FUND YOUR SUNSET YEARS
Mint Mumbai

BUCKET STRATEGY: A ROAD MAP TO FUND YOUR SUNSET YEARS

Circumstances change, so your strategy should adapt to align with risks and financial goals

time-read
3 mins  |
November 13, 2024