India's PC Jeweller shares gain in debut after $111 mln IPO

MUMBAI Thu Dec 27, 2012 10:08am IST

Related Topics

Stocks

   

MUMBAI Dec 27 (Reuters) - Shares in PC Jeweller rose in their stock market debut on Thursday, after the company raised 6.1 billion Indian rupees ($111.20 million) in an initial public offering earlier this month.

PC Jeweller shares were trading at 143.50 rupees in the National Stock Exchange (NSE) as of 0435 GMT, up 6.3 percent from its IPO price of 135 rupees a share.

Shares of the jewelry company had risen to as high as 143.90 rupees. ($1 = 54.8550 Indian rupees) (Reporting by Manoj Dharra; Editing by Rafael Nam)

FILED UNDER:

Reforms Push

REUTERS SHOWCASE

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

26/11 Plotter

26/11 Plotter

Pakistan to challenge bail for Mumbai attack "mastermind".  Full Article 

Chinese Economy

Chinese Economy

China revises up size of 2013 economy, sees no effect on 2014 growth.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage