The unlisted shares of Patel Chem Specialities were trading at Rs 124 a piece on the grey market, indicating a listing gain of over 47% per share over the upper limit of the issue price.

The unlisted shares of Patel Chem Specialities were trading at Rs 124 a piece on the grey market, indicating a listing gain of over 47% per share over the upper limit of the issue price.

IST, the barometer index, the S&P BSE Sensex added 4.41 points or 0.01% to 80,895.43. The Nifty 50 index rose 3.90 points or 0.02% to 24,684.55.

Shares of Paradeep Phosphates Ltd rose 17 per cent in Tuesday’s trade, reaching an all-time high of Rs 234.05 on BSE.

The scrip was listed at Rs 421.25, a premium of 68.50% compared with the initial public offer (IPO) price. The stock is ...