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Cox and Kings gains 31% on debut

The underowned issue and initial spurt seen in markets lifted share price of Cox and Kings India Ltd by over 31% to Rs 433.4 per share on the first day of its listing on Friday.
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In early trade on Bombay Stock Exchange the share price had fallen 7.8% to Rs 304.10 from its issue price of Rs 330 before recovering and closing 29% at Rs.420 Per share. This must add to the confidence in IPO Market.

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