MV Electrosystems shares jump after IPO listing
MV Electrosystems shares rose sharply on Sept. 16, moving from an IPO price of Rs. 425 to Rs. 848 intraday, up about 10%.
MV Electrosystems shares were back in focus on Wednesday, September 16, as the recently listed stock saw a sharp intraday rally. The move came even though the scrip remained below its recent peak and had fallen over the past week, while its performance after listing continued to draw attention.