India's Aeroflex soars as much as 82% in stellar market debut
Shares of India's Aeroflex Industries surged 82% in their trading debut before settling 51% higher, making it the latest stock to notch up strong gains in first-day trading.
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Posted 8/31/2023, 1:29:00 PM
reuters.com
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Mumbai-based company Aeroflex Industries had a successful listing debut on the BSE, with its shares ending at a 51.06% rally, making it the first listing to have a premium above 50% in over a month.
India's Aeroflex Industries is in talks to enter the aerospace sector and aims to be a part of India's next space mission, as the country looks to increase its share of the global satellite launch market.