New Delhi, July 1 -- Kalpataru share price rallied over 9% after making a flat debut in the Indian stock market today. Kalpataru shares gained as much as 9.42% to a high of Rs.453 apiece on the BSE. The newly stock hit a high of Rs.452.80 apiece on NSE, gaining 9.37% from its issue price.

Kalpataru shares were listed in the Indian stock market today after the conclusion of its initial public offering (IPO). On NSE, Kalpataru share price was listed at Rs.414 per share, same as the issue price, while on BSE, Kalpataru share price opened at Rs.414.10 apiece, a premium 0.02% than the IPO price.

After the Kalpataru IPO listing, the stock gained buying momentum and jumped over 9%.

Kalpataru IPO listing was in line with the muted Street expec...