The stock hit a high of ₹426.45 and closed at ₹420.75, almost 59% over the issue price. The ₹592-crore-IPO of Cyient DLM was priced in the range of ₹250 to ₹265 apiece.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce