Shares of Amanta Healthcare debuted with modest gains on the stock exchanges on Tuesday, in-line with market expectations above the issue price of ₹126.
On the , the stock opened at ₹135, a premium of 7.14 per cent and on the , it listed at ₹134, reflecting a 6.35 per cent premium.
The stock has moderated between ₹132-₹140 on the bourses. At 11.05 am, it traded with 10 per cent listing gains above ₹139 mark, reflecting investor confidence in the company’s fundamentals and sector outlook.
The ₹126-crore of the pharma and healthcare solutions provider received 82.60 times subscription on the closing day of bidding. It comprised of a fresh issue of up to 1 crore shares.