Cyient DLM shares soar on debut, list at 51% premium over IPO price

Cyient DLM shares made a strong debut in the secondary market on Monday, July 10, after the electronic manufacturing services firm's IPO concluded last month with an overall subscription of more than 67 times the equity on offer. The stock began its journey in the listed world at Rs 401 apiece on BSE — a premium of 51.3% over the upper end of the IPO price range.