Uniparts India Limited has made a muted debut on the stock markets on Monday, listing at Rs 575, around 0.35% discount over issue price. After this flat landing, the shares of the company dip further to intraday low at Rs 536.50 and closes at Rs 539.65 per share.
Uniparts India Limited is a manufacturer of engineered systems and solutions. With a presence in more than 25 countries, the company is one of the top suppliers of systems and parts for the off-highway industry in the agriculture, construction, forestry, and mining (“CFM”) and aftermarket sectors.
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