Anand Rathi Wealth share price: Shares of Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, debuted on a positive note and got listed at a premium of over 9 per cent above their issue price in the stock exchanges today.
The scrip got listed at Rs 602.05 apiece on the BSE, thereby registering a gain of 9.46 per cent from its offer price of Rs 550.00, while on the National Stock Exchange (NSE), it opened at Rs 600.00, up 9.09 per cent from the issue price. The stock initially inched higher from its opening levels and within seconds touched a high of Rs 614.95 on BSE and Rs 615.00 on NSE, but gave up some gains soon after.
At 10:15 am, the scrip was trading at Rs 568.70 on the BSE, up 3.40 per cent from the issue price while on NSE it was at Rs 570.40, up 3.71 per cent. The market capitalisation stood at Rs 2,366.71 crore, data from the BSE showed.