Gold Silver Reports (GSR) — Karda Constructions Makes Weak Stock Market Debut — The Nashik-based construction company listed at a discount of 24.4 percent at Rs 136 per share on the National Stock Exchange, compared to its issue price of Rs 180 apiece.
The stock fell as much as 28.2 percent to Rs 129.20 thereafter.
The construction company’s Rs 77.4 crore initial public offering was subscribed 2.44 times on the final day of bidding.
