The stock opened at ₹185 on the BSE, representing a 15.75 per cent premium over the IPO price of ₹160. On the National Stock Exchange (NSE), the shares also debuted at ₹185.

The stock rose as much as 3.5% to ₹551.80 on the BSE during intraday trading, recovering after closing 7.04% lower at ₹533.20 on Tuesday.

The shares climbed around 2 per cent during intraday trading to ₹331.95 on the BSE, marking the highest level since October 2025. The stock has now rebounded sharply from its 52-week low of ₹212.55 recorded on March 12, 2026.

India has made significant progress in electronics manufacturing over the past decade, but the country’s next challenge is far more complex: building a globally competitive component ecosystem that can survive without subsidies and tariff protection.

From automobiles and smartphones to solar modules, electric vehicles and telecom equipment, India has made significant progress in expanding manufacturing capacity. However, the degree of self-reliance varies sharply across sectors.

At 10:00 AM, the Sensex was up 277.50 points, or 0.36 per cent, at 77,933.59, while the Nifty 50 gained 36.15 points, or 0.15 per cent, to 24,370.70. Broader markets also remained firm, with the Nifty MidCap and Nifty SmallCap indices trading higher.

Global crude oil markets are navigating an increasingly fragile balance between supply disruptions and weakening demand. Brent crude is hovering near $90 a barrel after a sharp year-to-date rally of nearly 50 per cent.

Shares of major gold-financing companies Muthoot Finance and Manappuram Finance have followed markedly different paths during FY27 so far. While Muthoot Finance has gained around 2.3 per cent.

India’s data centre industry is entering a major expansion phase, with the country’s overall data centre footprint projected to nearly quadruple to 101 million square feet (msf) by 2030.