The price of shares of Five-Star Business Finance Ltd (FSBF) soared 19% to Rs 619.50 on Tuesday, reaching its highest level since going public. The Reserve Bank of India has registered FSBF as an NBFC. It has a network of 352 branches that serve about 250,000 active live accounts across 10 states.On November 21, the stock of an NBFC was first listed on a market. In comparison to its initial offering price of Rs. 474 a share, the FSBF stock is currently up 31%. From the 52-week low of Rs. 448.20, reached on the day of the listing, it has likewise recovered 38%.
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