ixigo shares extend rally, zoom 112% against issue price on FII buying
By
Binu Mathew
ixigo shares: Shares of Le Travenues Technology, which operates online travel portal ixigo, moved higher by 19 per cent to Rs 197.50 on the National Stock Exchange (NSE) in Wednesday’s intraday trade after making a stellar stock market debut on Tuesday.
On JUne 18, the stock closed at Rs 165.72, 78 per cent higher against its issue price of Rs 93, on the back of foreign institutional investors (FIIs) lapping up the stock on its debut day. With today’s rally, the market price of Le Travenues Technology has more than doubled, zooming 112 per cent against its issue price.