Zee Business Stock Award 2021: With 300% gain, MTAR Technologies bags 'Debut of The Year' award

There are more than 60 stocks that have made their debut on the exchanges—NSE & BSE — in 2021.

On March 15, 2021, shares of MTAR Technologies were listed on the BSE with 85.03 per cent gain to Rs 1,063.90 apiece.

There are more than 60 stocks that have made their debut on the exchanges—NSE & BSE — in 2021. Of the total, Zee Business has zeroed down and shortlisted four stocks that have made a strong listing and have surged since then. Latent View Technologies, Sigachi Industries, Mtar Technologies and Nureca Ltd were the stocks those were shortlisted for Zee Business Stock Award 2021.

Mtar Technologies

With 300 per cent gain so far as on December 30, Mtar Technologies emerged the clear winner under 'Debut of The Year award' category of Zee Stock Award 2021. On March 15, 2021, shares of MTAR Technologies had made a stellar debut on the BSE and NSE. The share got listed at Rs 1,063.90 apiece on the BSE, a gain of 85.03 per cent from its offer price of Rs 575. Mtar Technologies was subscribed 201 times. At 11 am on Thursday, shares of Mtar Technologies were trading with a gain of nearly 2% or Rs 41 to Rs 2309 per share on the BSE.

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Nureca Ltd
In terms of return clocked so far, Nureca Ltd was the close second with 253% gain during assessing the stocks for the award. Nureca Ltd shares were listed with a 58.74 per cent premium over the IPO price of Rs 400 on the BSE. At 11.15 am, the shares of this healthcare segment stock were trading with over 15 per cent gain to Rs1945.95 apiece on the BSE.

Latent view Analytics & Sigachi Industries
Latent view Analytics and Sigachi Industries secured the third and fourth spot in the list of stocks that made strong debut and clocked huge returns since then.

Shares of analytics services provider, Latent View, have given a premium of 160% against its issue price. The shares have surged 154% since. It is also the most subscribed IPO in the history of Indian capital market so far. On Thursday around 11.20 am, the shares of IT consulting & software firm were trading at Rs 564.50, up Rs 24.45 or 4.53% on the BSE.

Sigachi Industries, which was listed with the highest premium of 250% among the four stocks, have surged 143% so far. The Issue was subscribed 102 times on the final day of the IPO.

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