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JSW Energy gets listed at Rs 106 on NSE

January 4th, 2010

Shares of JSW Energy (NSE:JSWENERGY; ISIN:INE121E01018) got listed on the boruses this morning. The script got listed at a premium of about 2%, at Rs. 106 on the NSE and at Rs. 102 on the BSE. JSW Energy is a Sajjan Jindal-led JSW Group company. The script had a good listing with the script opening for trade above its issue price. In fact, the script opened way above the markets expectations and has come as a cheer for the investor community. Earlier, the initial public offering (IPO) was able to impress the investor community as it got subscribed 1.68 times.

JSW Energy opened at Rs 102 and has touched an intraday high of Rs 106.40 on the BSE while the markets expected it to list below its issue price.

As of 10:30 AM IST, the script is trading subdued at Rs. 102.45 after hitting a high of Rs. 106.35 and a low of Rs. 101.00 on the NSE. As many as 30882791 shares got traded so far with a turnover of Rs. 31880.31 lakhs.

Posted at Monday, January 04, 2010 10:32:24 AM

Entry Filed under: Equity Markets, Power