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Aether Industries locked at upper circuit after listing at 10% premium

The stock moved higher to Rs 776.75, 21 per cent higher against the issue price of Rs 642 per share

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SI Reporter Mumbai
Aether Industries' shares were locked at the upper circuit on Friday, after debuting at Rs 706 apiece on the BSE, a 10-per cent premium over its issue price of Rs 642. The stock opened at Rs 704 on the National Stock Exchange (NSE).

At 10:02 AM, the shares were 21 per cent higher against the issue price, at Rs 776.75, with only buyers on the counter of the specialty chemical manufacturer. A combined 3.8 million equity shares had changed hands and there are pending buy orders for 1.2 million shares on the NSE and BSE, exchange data shows. In comparison,