Resourceful Automobile lists flat but soon rebounded to the upper circuit
New Delhi [India], August 29 (ANI): Resourceful Automobile Ltd, a company that recently garnered significant attention in the stock market, made its debut on the BSE SME index on Thursday.
The company, which had an IPO oversubscribed by an astonishing 418 times for an issue size of just Rs 12 crore, opened with a decline, reflecting the volatility of its trading.
The stock was listed at Rs 117 per share, but shortly after