Laser Power & Infra Ltd made a powerful entry into the stock market, delivering healthy gains for IPO investors as shares debuted at a significant premium over the issue price. The company’s strong order book, debt reduction plans, and growing presence in India’s power infrastructure sector have drawn positive views from market experts.
The stock was listed at Rs 269 per share on the BSE, marking a 25.7% premium over its IPO price of Rs 214. On the NSE, shares opened at Rs 250, reflecting a gain of 16.8% compared with the issue price.