Economy
Tonbo Imaging India Shares Surge 17% Following Listing

Tonbo Imaging India Shares Surge 17% Following Listing

Livemint2h
THE BRIEF
1

Tonbo Imaging India shares jumped over 17% on Monday, extending their strong post-listing rally after debuting at a 65.71% premium on October 23.

2

The stock climbed to approximately 90% above its IPO price of ₹700 per share, supported by robust investor interest.

3

The defence electronics maker's initial public offering was subscribed 135.90 times on the final day of bidding.