Suraksha Diagnostic shares fall 5 percent in lackluster market debut

Suraksha Diagnostic had a disappointing market debut on December 6, as its shares closed down 5.39% at Rs 417.25 on the NSE.

The stock opened slightly below its issue price of Rs 441 at Rs 438 and reached a high of Rs 449 before declining throughout the trading session. It hit a low of Rs 414.95 in late trading and ultimately finished at Rs 417.25 with a trading volume of 67.47 lakh equity shares.

On the BSE, Suraksha Diagnostic shares closed at Rs 417.95, reflecting a 5.23% decrease with a volume of 5.69 lakh shares traded. Despite favorable market conditions, the company's initial performance did not meet expectations.

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