RBZ Jewellers made their debut on the Indian stock exchanges on December 27, 2023, listing at ₹105 apiece, representing a 5% premium to the IPO price of ₹100. Considering the stock's current market price of ₹211 apiece, it is trading 111% higher than its issue price.
Investors of RBZ Jewellers have every reason to celebrate their decision to invest in the company's IPO as the stock has consistently maintained a strong upward trajectory since its listing in December.
In today's trading session, the stock hit a new all-time high of ₹211 apiece, hitting the 20% upper circuit limit. This marks the second consecutive day that the stock has reached the 20% upper circuit limit. Considering the stock's current market price of ₹211 apiece, it is trading 111% higher than its issue price.
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