New Delhi, Dec. 10 -- Shri Kanha Stainless IPO listing: Shares of Shri Kanha Stainless made a weak debut on the NSE SME on Wednesday, December 10, in an otherwise positive market. Shri Kanha Stainless shares opened at Rs.88, down 2.2% from its issue price of Rs.90. The SME stock fell further to hit its 5% lower circuit of Rs.83.60.

The listing of Shri Kanha Stainless failed to meet market expectations as grey market premium (GMP) of the stock indicated it could list at par with the issue price.

(This is a developing story. Please check back for fresh updates.)

Published by HT Digital Content Services with permission from MINT....