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21 Aug 07 SEL Manufacturing Listing Price

SEL Manufacturing seems to have made a great debut today on the stock markets. After listing at Rs. 95, the share prices of SEL Manufacturing Company fell below its IPO issue price of Rs. 90, touching a low of Rs. 87.25. However, the share prices zoomed from there on and touched a high of Rs. 173, in a falling market. SEL Manufacturing ended the day at Rs. 144.75, a premium of 61% over its IPO issue price.


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