Stock of this recently listed company has zoomed 50% in last six days

Post listing, institutional investors holdings in eMudhra increased by 3.28 percentage point to 14.99% as on June 30, 2022 from 11.71% as on May 27, 2022.

Shares of eMudhra continued their upward movement, hitting a new high of Rs 373.50 on rallying 12 per cent on the BSE in Friday's intra-day trade. In the past six days, the stock has zoomed 50 per cent from a level of Rs 248.95 after the company reported healthy earnings for the quarter ended June 2022 (Q1FY23).

eMudhra made its stock market debut on June 1, 2022. Currently, it was quoting 46 per cent higher as against the issue price of Rs 256 per share. The stock had hit a 52-week low of Rs 236.30 on June 22, 2022.