Shares of Fusion CX made a positive debut on the stock exchanges on October 22, listing at a premium of 5.54 percent on the National Stock Exchange (NSE) over the initial public offering (IPO) price.
The stock listed at Rs 305 on the NSE against the issue price of Rs 289 per share. On the BSE, Fusion CX shares debuted at Rs 292, marking a premium of 1.04 percent over the IPO price.
Following the listing, the company's market capitalisation stood at around Rs 4,215.32 crore.
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The listing was broadly in line with grey market expectations. The grey market premium (GMP) had indicated a potential listing gain of nearly 5% on the morning of October 22, according to InvestorGain. However, GMP is an unofficial indicator of market sentiment and does not guarantee the actual listing price or investor returns.