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Credo Brands Marketing stocks close at 12% premium on its debut
Business Of Fashion
|January 2024
Mumbai-based retailer Credo Brands Marketing made a stellar market debut today as its shares closed at a significant 12% premium. The stock was listed at ₹282 per share on the Bombay Stock Exchange (BSE) and ₹282.35 per share on the National Stock Exchange (NSE). Closing figures showed MUFTI's share price at ₹312.50 per share on BSE, reflecting an 11.61% premium, and ₹311 per share on NSE, indicating an 11.07% premium, the company announced in a release on Thursday.
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According to the National Stock Exchange (NSE), the total quantity of MUFTI shares traded on its debut stood at an impressive 312.05 lakh shares, while the Bombay Stock Exchange (BSE) reported a total quantity of 18.29 lakh shares. The combined turnover for the day across both exchanges amounted to ₹988.99 crore.
This story is from the January 2024 edition of Business Of Fashion.
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