NEW LIFE HIGH! UTI AMC share price soars on good Q1 expectations, stock up 80% from issue price
On expectations of good earnings in the first quarter, UTI Asset Management Company (AMC) shares touched a new high of Rs 994 per after surging for 8 per cent on the BSE in intraday trade today, in an otherwise weak market. It breached its earlier high of Rs 947 per share, hit on July 23, 2021.
The stock has surged by 79 per cent from its initial public offer issue price of Rs 554 per share: Reuters