SMR Jewels

SMR Jewels shares made a weak debut in the Indian stock market today amid a broader selloff in domestic equities. SMR Jewels IPO listing date was June 8, and the stock is listed on the BSE SME platform. SMR Jewels shares were listed at ₹102.95 apiece on BSE SME, a discount of 19.57% to the issue price of ₹128 per share. The stock dropped to an intraday low of ₹102.40 apiece. Buying interest in SMR Jewels shares emerged at lower levels and the stock gained nearly 5% from its listing price to touch a high of ₹108.05 apiece. However, despite the recovery, SMR Jewels share price was still trading below its IPO price.