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Auto ancillary stocks: Sedemac, Studds Accessories zoom up to 17%
Share price of Sedemac Mechatronics hit an all-time high of ₹2,650, soaring 96 per cent higher against its issue price of ₹1,352.
SEDEMAC Mechatronics share price lists at ₹1,535 on NSE — premium of 13.54% over IPO price
SEDEMAC Mechatronics shares debuted strongly on March 11, listing at ₹1,535 on NSE, a 13.54% premium. The IPO was subscribed 2.68 times, raising ₹1,087.45 crore. The company focuses on control electronics and innovative motor control technologies for automotive applications.
Stocks to Watch Today: Infosys, Waaree Renewable, HG Infra, InterGlobe Aviation, TVS Supply Chain, Brigade, SEDEMAC, Arvind SmartSpaces in focus on 11 March
Stocks to Watch, 11 March: Stocks like Infosys, Waaree Renewable Technologies, Arvind SmartSpaces, Waaree Energies, Central Bank of India, Hindustan Zinc, Adani Enterprises, SEDEMAC Mechatronics, HG Infra Engineering, Polycab India, InterGlobe Aviation, and Eicher Motors will be in focus on March 11
Sedemac Mechatronics: India's play on automotive intelligence
Next growth phase will depend on the company’s ability to evolve from an ICE electronics supplier into an EV control systems player