SFC Environmental Technologies share price skyrocketed 12% in Wednesday's trading session after making positive debut in the Indian stock market on Tuesday.
The stock opened at ₹448.80 per share on NSE today, as compared to previous close of ₹426.10 on Tuesday and touched an intraday high of ₹478.40 on 4 November.
SFC Environmental Technologies shares debuted on the stock exchanges on November 3 at a premium of around 8% over their IPO issue price of ₹330 per share, delivering a positive listing for investors.
Following the market debut, the company's market capitalisation stood at approximately ₹3,468.16 crore.
The listing performance was largely in line with grey market trends. According to Investorgain, SFC Environmental Technologies shares were trading at a grey market premium (GMP) of nearly 5% ahead of their stock market listing on November 3.