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October 14, 2007

Koutons Retail India – Closed at 41% premium

Koutons Retail India opened at Rs 515 and touched a high of Rs 649 in the morning trade on the BSE. It witnessed some profit booking around Rs 600 levels but did not slip below Rs 575. Market was trading in red during the day but that has not much impacted on the stock. This is against issue price of Rs. 415-

The stock rose 40.72% to end at Rs 584, with volumes of 81,49,741 shares. it has hit a high/low of Rs 620 and Rs 502.50. The turnover was Rs 483 crore on the NSE.

On the BSE, it opened at Rs 510.05. The share closed at Rs 590.45, with volumes of 41,67,052 shares.

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