The listing fell slightly short of expectations, despite Ecos Mobility’s shares trading at a grey market premium (GMP) of 48% above the issue price before the debut. The IPO garnered significant attention, with a subscription rate of 64 times, primarily driven by non-institutional investors.
Positive Breakout: These 6 stocks cross above their 200 DMAs
200 DMA: Rs 585.82| LTP: Rs 609.85