New Delhi, July 21 -- Spunweb Nonwoven shares listed with a stellar 57% premium at RS 151 on the NSE SME on Monday. The shares gained further to hit 5% upper circuit

Spunweb Nonwoven share price listed at Rs.151, marking a steep 57% premium over the upper band of the offer price of Rs.96 for the IPO. The Spunweb Nonwoven shares, indicating strong investor confidence, gained further to an intraday high of Rs.158.55 on the NSE SME, which also happened to be the upper price band of the Spunweb Nonwoven shares. The Spunweb Nonwoven share price, therefore, was locked in the upper circuit.

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