Annu Projects' shares take 27% hit on stock market debut

Annu Projects shares made a weak debut on Wednesday, listing at ₹72 on the NSE, 27% below the IPO price of ₹99. On the BSE, shares opened at ₹75, a 24.24% discount. However, within seconds, the stock hit the upper circuit, trading at ₹75.60 on the NSE and ₹78.74 on the BSE, still below the issue price.