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

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,