Money Tree

AMD Metplast has been listed at Rs.73 at NSE today. The allotment was made at Rs. 75 and the issue was offered in the price range of Rs. 65 to Rs. 75. The issue saw an oversubscription of 4.88 times. Currently (at 10.53 a.m.) the stock is trading at Rs. 78.75 just managing to keep its head above its issue price. The stock has made a low of Rs. 70 and a high of Rs. 82.65 in the morning.