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Saturday, May 06, 2006

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Plethico Pharma lists at 36% premium

Our Bureau

Mumbai , May 5

Shares of Plethico Pharmaceuticals Ltd made its debut on BSE at Rs 408, a premium of 36 per cent compared to the issue price of Rs 300 per share. The Indore-based company's shares hit the day's high of Rs 510, before closing at Rs 420.20 on BSE, a premium of 40 per cent compared to the issue price.

On the NSE, the shares were listed at Rs 366 before moving up further to the day's high of Rs 525. The shares closed at Rs 419.15, a premium of 39 per cent to the issue price.

Over 91 lakh shares were traded on the exchanges.

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