INDO-MIM surges 21% in 3 days; up 137% from IPO price in less than 2 months
BSE moved higher in an ipo & listings development.
· Business Standard Mkts
INDO-MIM's share price hit a new high of ₹1,148, soaring 9 per cent on the BSE in Monday's intra-day deals on the back of a healthy business outlook.
The analysis
BSE reported ₹1,148,, with movement of 9%, 21% and 137% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The immediate tone of coverage reads positive.
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