Star Health choppy in debut after tepid IPO response
The Hindu
Shares of the country's largest private health insurer fell as much as 6% at open before reversing course to gain 4.4%
Shares of Star Health and Allied Insurance Co, backed by billionaire stock investor Rakesh Jhunjhunwala, see-sawed in their market debut on December 10 after a muted response to the initial public offering.
Shares of the country's largest private health insurer fell as much as 6% at open before reversing course to gain 4.4%. They were trading 1.3% lower at Rs. 891.10, as of 10.30 am.
At the day's high of Rs. 940, the Chennai-based company was valued at Rs. 66.86 billion.
More Related News