New Delhi, Feb. 24 -- Shares of Quality Power Electrical had a lukewarm debut on Dalal Street on Monday, February 24, following a last-day subscription to its IPO. The stock opened at Rs.432.05 on the BSE, registering a modest 1.66 per cent premium over its issue price of Rs.425 per share.

Meanwhile, on the NSE, it was listed at Rs.430, reflecting a 1.18 per cent gain from the issue price.

Also Read: Quality Power Share Price Live Updates: Stock makes a lukewarm debut, opens with a mere 1.2% premium at Rs.430 on NSE

"Despite weak market momentum, Quality Power IPO managed to list in line with street estimation. We believe the muted listing is justified in the current market scenario witnessing selling pressure in the broader market. Co...