Milky Mist Dairy Food surges 5%; up 127% from IPO price in five weeks
Indian markets moved higher in an ipo & listings development.
· Business Standard Mkts
Milky Mist's share price hit a new high of ₹317.30, more than doubling or skyrocketing 127 per cent against its issue price of ₹140 per share.
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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