NEW DELHI: Route Mobile made a strong stock market debut on Monday as the scrip got listed at Rs 717, a 104.86 per cent premium over its issue price of Rs 350 on NSE. Meanwhile, on BSE it listed at Rs 708, a premium of 102.29 per cent.

With this, Route Mobile has joined the elite club that includes DMart and IRCTC, and the recent debutant Happiest Minds, which gained over 100 per cent on their debuts.

At the issue price, the stock was quoting at 29 times FY20 earnings per sha ..

Read more at:
https://economictimes.indiatimes.com/markets/ipos/fpos/route-mobile-lists-at-105-premium-over-issue-price/articleshow/78227535.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst...................et