Mufti Share Price: Mufti's Parent Company Credo Brands Makes Market Debut; Opens at Rs 282.35 on NSE
Mufti Menswear made a flat debut with its share being listed at Rs 282.35, a premium of 0.84 per cent, at the National Stock Exchange (NSE), against the issue price of Rs 280 per share.
The long-anticipated debut of Credo Brands Marketing, representing Mufti Menswear took place today, December 27. Mufti Menswear made a flat debut with its share being listed at Rs 282.35, a premium of 0.84 per cent, at the National Stock Exchange (NSE), against the issue price of Rs 280 per share. The stock was listed at Rs 282 on the BSE. Prior to its debut, Credo Brands was anticipated to command a premium of Rs 80-90 per share, hinting at a potential 28-33 percent increase for investors. However, before the bidding process commenced, the unofficial market indicated a premium of around Rs 130-140. Happy Forgings Makes Strong Debut, Opens at 18% Premium on BSE and NSE.
Mufti Likely To Garner Strong Listing Gains:
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