New Delhi, July 14 -- Travel Food Services IPO listing in focus: Travel Food Services share price made a subdued debut on Dalal Street today, July 14, as the stock listed with a modest premium of 2.27% at Rs.1,125 apiece on the NSE, compared to the issue price of Rs.1,100. On the BSE, it opened 2.38% higher at Rs.1,126.20.
Following the lackluster listing, the stock moved lower, falling 4.2% to hit the day's low of Rs.1,077 apiece. However, it recovered slightly and was last seen trading at Rs.1,088.90, down 3.21% from the listing price.
Though the stock made a weak market debut, analysts remain optimistic about the company's long-term growth prospects, citing its presence across 18 airports and a portfolio of 442 outlets and 37 lounges...
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