RITES, Fine Organic Industries rise on market debut
- By Reuters |
- Jul 02, 2018
- Last Updated at 11:35 IST
Shares of RITES Ltd and Fine Organic Industries Ltd rose in their market debut on Monday, after initial share sales aiming to raise a combined 10.66 billion rupees ($157.20 million) saw strong interest from investors last week.
Shares of RITES, a state-run engineering consultant, were up 10.11 percent at 203.65 rupees, as of 0438 GMT.
Additives maker Fine Organic Industries Ltd's shares jumped 3.8 percent to 812.30 rupees.
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