Dhara Rail Projects Soars 19% on NSE Emerge Debut, Exceeds Expectations

• Dhara Rail Projects shares listed at a 19% premium over its IPO price on NSE Emerge.
• The shares debuted at Rs 150 per share, surpassing the IPO price band of Rs 120-126.
• The Rs 50.20-crore IPO was oversubscribed 112 times between December 23-26.
• Post-listing, the company's market capitalization reached Rs 218.72-crore.
• The listing performance exceeded grey market expectations of approximately 13% gains.

Why It Matters: Dhara Rail Projects made a strong debut on NSE Emerge with a 19% premium, outperforming expectations.