India's CORONA Remedies jumps 39% in trading debut

Corona Remedies

15/12/2025 05:28

** Shares of CORONA Remedies CORD.NS jump 39% to 1,475.70 rupees in trading debut, valuing firm at 90.25 bln rupees ($994.9 mln) as of 10:48 IST

** Stock opened at 1,470 rupees on the National Stock Exchange of India, 38.4% higher than IPO issue price of 1,062 rupees

** Branded pharmaceutical formulation co's 6.55-bln-rupee IPO, which was entirely sale of shares by existing shareholders, was subscribed 137x

** Overall trading vols at 8.3 mln shares so far

($1 = 90.7100 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))