New Delhi, Aug. 5 -- Kaytex Fabrics shares made a disappointing market debut on Tuesday, listing at 144 on the NSE SME platform, representing a 20 per cent discount to the initial public offering's upper price band of Rs 180.
The weak opening came despite the IPO receiving an overwhelmingly positive response from investors across all categories.
During Tuesday's trading session, Kaytex Fabrics shares experienced volatility, fluctuating between a high of Rs 151.20 and a low of Rs 136.80 on the NSE SME exchange.
The stock continued to trade weakly following its below-expectation debut, reflecting investor sentiment that differed significantly from pre-listing market indicators.
The textile manufacturer's IPO had generated substantial in...
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