Inox IPO success! Gujarat Fluro opens up then slips

The stock has advanced a per cent in the opening deals.

Mar 23, 2015 09:03 IST India Infoline News Service

Gujarat Flurochemicals advanced a per cent to Rs. 730 in opening trades on the back grand success of Inox Wind IPO.

The Inox Wind IPO was oversubscribed by 18 times. Gujarat Flurochemicals owns up to 75 per cent stake in Inox Wind.

The stock has however now corrected and is down 1 per cent at Rs. 715.15 and around 163-odd shares have been traded in the early deals on the BSE.

Meanwhile, the Sensex has rallied 57 points to 28,318.

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