India: MAS Financial shares surge 44% on stock market debut

India: MAS Financial shares surge 44% on stock market debut

A man looks up at an electronic ticker board that indicates stock figures at the Bombay Stock Exchange (BSE) in Mumbai, India, on Friday, Jan. 27, 2017. Photographer: Dhiraj Singh/Bloomberg

Shares of MAS Financial Services Ltd made a strong market debut on Wednesday. The Gujarat-based non-banking financial company (NBFC) was listed on the stock exchanges at Rs660, up 43.7% from its issue price of Rs459 per share.

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