HDFC Standard Life Insurance Company stocks rallied to 27% over issue price of Rs 290 per share on Friday, driven by positive market conditions and good subscription. The stock touched an intraday high of Rs 369 after listing at Rs 313 on the NSE. Stock of HDFC Standard Life Insurance Company listed today with an over 7% premium against its issue price of Rs 290. The stock debuted at Rs 311, up 7.24 per cent from the issue price on the BSE. The Rs 8,695-crore IPO of the company was oversubscribed 4.90 times during November 7-9.

Source: dna November 17, 2017 08:03 UTC