Motisons Jewellers stock pops as QIP opens at ₹11.58 floor
Motisons Jewellers launched its QIP on June 9 with a floor price of ₹11.58 per share. The stock jumped as much as 6.5% intra-day to ₹12.79 before closing 2% higher at ₹12.25 on BSE. Issue permits up to 5% discount; shares remain down 36% over the past year.
Motisons Jewellers launched a QIP on June 9 with a floor price of ₹11.58 per share, sending the stock up as much as 6.5% intra-day before settling 2% higher at ₹12.25 on BSE.