Enviro Infra Engineers had a successful debut on the stock market, with shares increasing by 40% on November 29. The stock opened at Rs 220 on the National Stock Exchange, which was a significant rise of 48.6% from its issue price of Rs 148 per share.
The company specializes in water and wastewater management solutions and achieved a market capitalization of Rs 3,633.47 crore, indicating strong investor interest and confidence in its market potential.
Throughout the trading day, it reached a high of Rs 233.70 and a low of Rs 205.05, ultimately closing at Rs 207.07, resulting in a gain of 39.91%. On the Bombay Stock Exchange, shares finished 39.86% higher at Rs 207, with a trading volume of 45.05 lakh shares.