Stock price of this SME company has zoomed 311% against its issue price

Shares of PNGS Gargi Fashion Jewellery were locked in upper circuit for the 12th straight trading session, and have more-than-doubled in the same period.

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SI Reporter Mumbai
Shares of PNGS Gargi Fashion Jewellery were locked at the 10 per cent upper circuit at Rs 123.20 on the BSE in Thursday's intra-day trades. The stock was locked for the 12th straight trading day at the upper limit, since its listing on December 20, 2022.

Post listing, the stock price of the company has more-than-doubled or up 106 per cent from a level of Rs 59.85. It has zoomed 311 per cent when compred with its issue price of Rs 30 per share.

First Published: Jan 05 2023 | 2:07 PM IST

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