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RateGain Stocks Lists 15% Below Issue Price

RateGain Travel Technologies (RTTL) has made a weak stock market debut, with its shares listed at Rs 360, a 15 per cent discount to its issue price of Rs 425 per share on the National Stock Exchange (NSE). The stock opened at Rs 364.80, a 14 per cent lower from its issue price on the BSE.

In the morning trade, the stock was traded at Rs 372, a 12 per cent discount compared to its issue price. The inventory so far had hit a high of Rs 375.05 and a low of Rs 342.30 in intra-day trade on the BSE.  The stock hit a high of Rs 378.90 and a low of Rs 340.25 so far. A combined around 5 million equity shares changed hands on the NSE and BSE.

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