Wakefit Shares Rebound 10% from Low After Flat Debut

• Wakefit Innovations shares rose over 10% from their intraday low after a muted trading debut.
• The stock listed flat at Rs 195 on NSE and slightly down at Rs 194.10 on BSE against the issue price.
• Wakefit's Rs 1,289-crore initial public offering was subscribed over two times.
• IPO proceeds will be used for new stores, equipment, marketing, and general corporate purposes.

Why It Matters: Wakefit's stock performance on debut reflects initial investor confidence.