Diffusion Engineers lists 15% higher over IPO price on NSE; misses GMP hype

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Diffusion Engineers lists 15% higher over IPO price on NSE; misses GMP hype - Business Standard

Quick Summary:

Diffusion Engineers shares listed at a premium of 15.17 per cent at Rs 193.50 on the National Stock Exchange (NSE).

Diffusion Engineers also garnered favourable reviews from brokerages, including Swastika Investmart and Anand Rathi Research, for the public issue.

Incorporated on November 05, 1982, Diffusion Engineers is engaged in the business of manufacturing welding consumables, wear plates, wear parts, and heavy engineering machinery for core industries.