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Smallcap stock jumps 24% in a week as NSE stake could be valued at Rs 850 crore

As reported by Stocks-Markets-Economic Times
Maithan Alloys shares saw a significant jump on Thursday. This rally follows the filing of the National Stock Exchange's draft prospectus for its initial public offering. Maithan Alloys holds a stake in NSE, which is now valued at approximately Rs 850 crore. The NSE IPO is expected to be India's largest ever.
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Maithan Alloys shares have surged 24% in a week, driven by the potential valuation of its stake in the National Stock Exchange (NSE) at Rs 850 crore. This rally follows the filing of NSE's draft prospectus for what is anticipated to be India's largest-ever IPO.

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