SRIT India jumps in debut trade, valued near $104 million
SRIT India jumped nearly 14% in its debut trade on the NSE, opening at 148 rupees compared to its IPO issue price of 130 rupees. The stock was last seen trading 19.3% higher, valuing the software solutions company at nearly 10 billion rupees ($103.78 million). The company's 2.2-billion-rupee IPO, which was entirely a f