Capillary Technologies Listing: Shares of Capillary Technologies were listed at a discount on Friday, 21 November, the last trading day of the week in the Indian stock market. The company’s shares were listed on BSE at Rs 560 with a decline of about 3 percent. At the same time, the company’s shares had a weak start on NSE and were listed at Rs 571.90 with a discount of 0.88 percent.
The company had fixed the IPO share price at Rs 577. That is, investors did not get the IPO listing gain. However, despite the weak start, the shares tried to recover and there was a stormy rise in the share prices. The company’s shares are trading on BSE registering a rise of about 11 percent compared to the beginning of the day.
Company’s condition in stock market
At around 12:15 pm on Friday, the company’s shares were trading at Rs 621.05 on BSE. Which shows an increase of about 11 percent or Rs 60 from the beginning of the day. The shares of the company had reached a high level of Rs 633 during the trading day. At the same time, the low level of the day was Rs 560. The company started at Rs 560 on BSE.
The company’s shares were trading at Rs 621 on NSE. Which shows an increase of about 9 percent or Rs 49 from the beginning of the day. Shares opened at Rs 571.90 on NSE. The company shares had reached a high level of Rs 633.90 during the trading day. Whereas, the low level was Rs 570.05.
What does the company do?
Capillary Technologies is a Software as a Service (SaaS) company with a market cap of Rs 4,927.24 crore. The company was started in the year 2008. The company works in areas like customer loyalty, rewards management, engagement and predictive analytics. Big brands like Puma, Asics, Domino, Indigo and Polycab are included in the customer list of the company.
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