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While Dredging Corporation of India touched a 52-week high, RNZ Jewellers closed lower.

The company's shares 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.

RBZ Jewellers Share Price: RBZ Jewellers' stock remains locked on the upper circuit since its IPO a month and a half ago. The company aims to double its volumes in the next two years, supported by equity and debt raises. With a strong position as an organized manufacturer and retailer, RBZ Jewellers is experiencing robust demand from organized retailers. Margins in the business model vary depending on the segment, but overall stability is expected in terms of ROCE and ROE.

RBZ Jewellers' stock remains locked on the upper circuit since its IPO a month and a half ago. The company aims to double its volumes in the next two years, supported by equity and debt raises. With a strong position as an organized manufacturer and retailer, RBZ Jewellers is experiencing robust demand from organized retailers. Margins in the business model vary depending on the segment, but overall stability is expected in terms of ROCE and ROE.

RBZ Jewellers made a muted debut on Dalal Street as its shares listed failed to improve on the issue price of Rs 100.