BLS Polymers shares jump 7% for second day, hit record high; stock rallies 92% over IPO price | Investors guide here
A ipo & listings development with market-wide reach.
· LiveMint Markets
BLS Polymers shares rose nearly 7% on 4 November, reaching a record ₹288 after debuting at a steep premium. Its ₹255-crore IPO was subscribed 241.22 times. The company plans to use proceeds for manufacturing expansion, working capital and general corporate needs.
Key facts
- Dates in focus
- 4 November
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- Sectors in the story: Capital Goods & Engineering and Capital Markets.
Capital Goods & Engineering
1M -8.9% · 3M -6.2%
Capital Markets
1M +2.6% · 3M -2.3%
Sector moves are the average of the stocks we track in each sector.
In this story
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