Healthy debut: Apeejay Surrendra Park Hotels closes 31% higher!
Mon, Feb 12, 2024 5:43 PM

Healthy debut: Apeejay Surrendra Park Hotels closes 31% higher!

A Flip by Avya Verma
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Apeejay Surrendra Park Hotels saw a 31% increase in its stock on debut day, despite market corrections. The strong IPO subscription, positive financial performance, and expected growth in the tourism sector may have contributed to the successful listing. The hotel chain raised Rs 920 crore through its IPO and has shown significant profit and revenue growth in the past year.

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