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BTCC / BTCC Square / Global Cryptocurrency /
Atlanta Electricals’ Stock Slips After Strong Market Debut

Atlanta Electricals’ Stock Slips After Strong Market Debut

Author:
Global Cryptocurrency
Published:
2025-09-29 06:38:01
15
1
BTCCSquare news:

Atlanta Electricals shares retreated from initial gains after a robust debut on Indian exchanges. The stock opened at ₹857 on the NSE and ₹858.10 on the BSE, marking a 13.7% premium over its ₹754 IPO price, but later traded as low as ₹806.

The ₹687 crore IPO saw overwhelming demand, with institutional investors bidding 195 times the allotted shares. Retail participation remained strong at 10.4x subscription. Anchor investors committed ₹205 crore ahead of the public offering.

Market observers note the pullback reflects typical profit-taking after a heated IPO. The electrical equipment manufacturer's listing comes amid volatile conditions in India's primary market, though quality issuances continue attracting capital.

|Square

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