Up over 65% from IPO price in just 3 days! What is driving Glass Wall Systems share price?
Indian markets moved higher in an ipo & listings development.
· LiveMint Markets
Glass Wall Systems shares opened at ₹267.15 on Friday against their previous close of ₹258.40 and surged 18% to hit its record high of ₹304.50 during the morning session. At this price, the stock is up 67.3% from its issue price of ₹182.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- The immediate tone of coverage reads positive.
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