This company's shares rocketed on listing day, generating substantial profits, and investors were delighted.
Tenneco Clean Air India shares had a strong debut on the Indian stock market on Wednesday. The company's shares were listed at ₹498 on the BSE, a premium of over 25%.
Tenneco Share News: Tenneco Clean Air India shares had a strong debut on the Indian stock market on Wednesday, November 19th. The company's shares were listed at ₹498 on the BSE, a premium of over 25%.
The company's shares were listed at ₹498 on the NSE, representing a 27% premium. The company had set a price target of ₹397 on both exchanges. Investors placed their bets on Tenneco Clean Air India shares between November 12th and 14th.
Company's Stock Market Status
Tenneco Clean Air India shares are seeing a surge on the BSE on Wednesday, the third trading session of the week. At around 2:05 pm, the company's shares are trading at ₹499.70 on the BSE. A gain of approximately 25%, or ₹102, represents a gain of approximately 25%.
During the trading day, the company's shares reached a high of ₹517. Meanwhile, on the NSE, the company's shares are seeing a gain of approximately ₹102, or 25%, and are trading at ₹502. During the trading day, the company's shares reached a high of ₹517. The company's market cap is approximately ₹20,222 crore.
Investors expressed confidence in the IPO
Investors expressed confidence in Tenneco Clean Air's IPO. A total of 61.79 times the number of investors bid on the company's shares. The company received 5.37 times the subscription in the retail investor category. Non-institutional investors subscribed 42.79 times to the IPO.
The company had a single lot of 37 shares. This means investors had to make a lump sum investment of ₹14,689.
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