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Archean Chemical shares hit all-time high since market debut; gain 55% over IPO price
The share price of Archean Chemical gained 10% to hit an all-time high of ₹629.25 in intraday trade on the BSE on Friday.
The share price of Archean Chemical gained 10% to hit an all-time high of ₹629.25 in intraday trade on the BSE on Friday.
The share price of speciality marine chemical manufacturer listed at ₹450 on the NSE, up 10.56% against its issue price of ₹407 apiece.
Archean Chemical Industries is the fifth company, after DCX Systems, Fusion Micro Finance, Global Health (Medanta), and Bikaji Foods, to launch IPO this month.