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IPO listed Rs855 ,stock increases upto 15 percent
Indigo airlines operating company Inter globe aviation stock NSE,BSE shows better result than expected.
The company’s stock issue price listed Rs 855.50 in comparison to Rs 765. After listing company’s stock increases up to 15%and reached at the level of RS899.50 .
Experts said that investors have to collect the profit from listings.According to Sandeep Jain of Trade Swift broking this is gift in IPO market.