New Delhi, June 4 -- Scoda Tubes share price was locked in at 5% upper circuit on Wednesday after the stock made a flat debut in the Indian stock market. Scoda Tubes shares jumped 5% from its listing price to a high of Rs.146.95 apiece on the BSE.

Scoda Tubes shares made a flat debut on Dalal Street as the stainless-steel tubes and pipes manufacturer's stock was listed at Rs.140 per share, which is equal to its issue price of Rs.140 per share.

The stock declined after the listing and fell to an intraday low of Rs.136.00 apiece on the BSE. However, buying momentum in Scoda Tubes shares intensified, and the stock jumped as much as 4.96% from its listing price to freeze at upper circuit of Rs.146.95 apiece.

Scoda Tubes IPO listing date wa...