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Glass Wall Systems share price hits record high, up 75% from IPO price | Why is the stock rallying?

As reported by mint - markets
Glass Wall Systems (India) Ltd shares surged over 7% to a record ₹318, representing a 75% climb from its IPO price of ₹182. Despite strong buying interest, the company stated it knows of no specific reason for the price movement, attributing it to market conditions.
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