Orient Cables shares make strong debut, yield over 65% listing gains
NSE is in focus.
· Business Standard Mkts, NDTV Profit, Economic Times Markets, ET Stocks
Orient Cables shares debuted on the NSE at ₹450, a premium of ₹178, or 65.44 per cent, over the issue price of ₹272.
The analysis
NSE reported ₹450,, ₹178, and ₹272, with movement of 65% and 65.44% 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
- With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The immediate tone of coverage reads positive.