Market Performance
M&B Engineering shares have seen a significant rise since their listing on August 6, drawing attention from retail and institutional investors alike.
- On the BSE, the stock opened at ₹386, just above its IPO price of ₹385.
- It touched an intraday high of ₹418.85 and closed at ₹409.15, marking a 6.27% gain.
- On the NSE, the listing was flat at ₹385, later rising to an intraday high of ₹418.80 and closing at ₹405.25, a 5.26% gain on debut day.
In the August 8 trade, the stock continued its upward momentum:
- It surged up to ₹488.90 on the NSE, representing a 26.99% increase from the IPO price.
- Trading volumes were strong, indicating significant investor interest.
- Over 1.26 crore shares traded on the NSE
- 12.51 lakh shares exchanged hands on the BSE by 1:10 PM
Main News: Post-IPO Rally
Following a steady debut, M&B Engineering share price has shown impressive growth of nearly 27%, highlighting robust post-IPO sentiment.
The stock’s rally suggests a surge in investor accumulation in the early days of trading. This level of momentum post-listing is seen as a strong signal of market confidence.
Company Details
- Listing Date: August 6, 2025
- IPO Price: ₹385
- Debut Price (BSE): ₹386
- Debut Price (NSE): ₹385
- Market Capitalization on Debut: ₹2,338.22 crore
- Market Capitalization (as of August 9): ₹2,754.54 crore
The company experienced a rise of over ₹416 crore in market capitalization in just three trading sessions.
Summary of the Article
- M&B Engineering share price has jumped 27% from its IPO level within just a few days of listing.
- On debut, the stock had a flat-to-positive listing, followed by sharp upward movement in subsequent trading sessions.
- Strong volumes and investor interest have pushed the stock to ₹488.90, far exceeding initial listing levels.
- Market capitalization has grown by over ₹400 crore since listing.
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