Bajaj Corp lists at 15.15% premium

| August 18, 2010 | 1 Comment

Shares of Bajaj Corp, one of the leading producers of hair oils, got listed at the bourses today. It opened at Rs 760, a premium of 15.15% against the issue price of Rs 660 on the National Stock Exchange (NSE). 

Currently, the shares are trading higher by 17.58% at Rs 776 after touching a high of Rs 816.95. A total of 1.17 million equity shares have exchanged hands. (9:11 a.m.)

Bajaj Corp`s well known brands are Bajaj Almond Drops, Brahmi Amla, Amla Shikakai and Jasmine Hair Oil. It manufactures its products at two facilities in Parwanoo and Dehradun. It has a combined production capacity of 39 million litres per annum.

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Category: IPO, Stock-News