Stovekraft share price debuts at Rs. 498 at 29% premium

Stovekraft share price today has opened at Rs. 498, recording a premium of 29 percent in the markets. The IPO was offered at Rs. 385/share with a lot size of 38 shares.

On the other hand, the benchmark indices are on a upward rally ahead of RBI monetary policy and backed by strong global cues.

Sensex today has crossed the 51,000 mark and Nifty 50 has crossed 15,000 for the first time ever. The markets today are led by banking and financial stocks with SBI breaking the upper band of circuit in the early trade session with the day’s high of Rs. 408.

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