The winning streak for Milky Mist Dairy Food continued on D-Street on Wednesday. On its second day of trading, the dairy major’s stock hit another 10% upper circuit, taking its cumulative gains to 42.5% from its IPO price.
Milky Mist shares opened at Rs 190 on the BSE, compared with the previous close of Rs 181.45. Strong buying interest quickly pushed the stock to its daily upper price band and 52-week high of Rs 199.55, marking an intraday gain of 9.98%. The stock recorded a volume-weighted average price of Rs 196.48 and touched a low of Rs 189.85.
