Mobikwik's shares soared by 89.25% on their debut, closing at Rs 528 after opening at Rs 440. The company’s market capitalization stands at Rs 4,119.71 crore.
Despite a weak market, with the Nifty 50 falling 2.6%, the stock hit a high of Rs 525 and later surged to Rs 528, gaining 20% from its opening price. Similarly, Vishal Mega Mart saw its market cap rise to Rs 50,475.11 crore, and Sai Life Sciences reached Rs 15,917.44 crore. These strong performances highlight a successful market debut for all three.