This recently listed stock zoomed 119% from issue price in 12 trading days

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This recently listed stock zoomed 119% from issue price in 12 trading days - Business Standard

Quick Summary:

As per a report by Frost & Sullivan, the sector is expected to grow up to $2.08 billion by 2025 from $1.31 billion in 2020, growing at a compound annual growth rate (CAGR) of 9.7 per cent.

The market price of the water supply and management company has continued its upward movement after making a strong debut on November 29.

The counter has seen a huge jump in average trading volumes, with a combined 46.98 million shares, representing 26.76 per cent of the total equity of the company, changing hands on the NSE and BSE.