Tonbo Imaging India hits new high at ₹1,533.65
In short
Tonbo Imaging India hit a new high of ₹1,533.65 on the BSE on Thursday. The stock was also up 20% in the session and 119% above its issue price in two weeks.
That points to very strong buying in the newly listed shares.
What the reporting says
Tonbo Imaging India hit a new high of ₹1,533.65 on the BSE on Thursday, after recently listing and rising 20% in the session. The stock was up 119% against its issue price in two weeks. The move shows strong demand for the recently listed company’s shares.
Why it matters
Tonbo Imaging India’s share price climbed to a fresh high on the BSE on Thursday, adding to a strong post-listing rally. The stock was cited as being 119% above its issue price after two weeks, showing unusually heavy demand for the newly listed company’s shares. The move is relevant to investors tracking recent IPO performance and market appetite for new listings.