New Delhi, Sept. 24 -- VMS TMT share price gave up listing gains and hit a 5% lower circuit on Wednesday after making a decent stock market debut. VMS TMT IPO listing date was today and the stock was listed on BSE and NSE.

VMS TMT shares were listed at Rs.104.90 apiece on NSE, a premium of 5.96% over its issue price of Rs.99. Meanwhile, on BSE, the stock was listed at Rs.105, a premium of 6.06% to its issue price

However, VMS TMT shares succumbed to selling pressure after debut and hit 5% lower circuit. The stock was locked at Rs.99.75 apiece on the BSE, down 5% from listing price, and up 0.76% from its issue price.

VMS TMT IPO listing was below Street estimates, as the trends seen in the grey market premium (GMP) and analysts signalle...