<p>Shares of CEBBCO started the session with a discount of 6.29 per cent at Rs 119 on the National Stock Exchange.The scrip witnessed a similar fate on the Bombay Stock Exchange, where it debuted 3.30 per cent lower at Rs 122.80.<br /><br />On the volume front, over 24.7 lakh shares of the company were traded on the two exchanges during the early morning session.<br /><br />CEBBCO, which has raised Rs 172 crore through its initial public offer (IPO), had entered the capital market with a price band of Rs 125 to Rs 127 a share.The company intends to utilise the fund for the capital expenditure of its railway project, pre-payment of identified loan facilities and general corporate purposes.Meanwhile, the BSE 30-share index Sensex was trading at 20,034.18, down by 90.87 points from the previous close.</p>
<p>Shares of CEBBCO started the session with a discount of 6.29 per cent at Rs 119 on the National Stock Exchange.The scrip witnessed a similar fate on the Bombay Stock Exchange, where it debuted 3.30 per cent lower at Rs 122.80.<br /><br />On the volume front, over 24.7 lakh shares of the company were traded on the two exchanges during the early morning session.<br /><br />CEBBCO, which has raised Rs 172 crore through its initial public offer (IPO), had entered the capital market with a price band of Rs 125 to Rs 127 a share.The company intends to utilise the fund for the capital expenditure of its railway project, pre-payment of identified loan facilities and general corporate purposes.Meanwhile, the BSE 30-share index Sensex was trading at 20,034.18, down by 90.87 points from the previous close.</p>