SJS Enterprises shares end 6% lower on stock market debut

Shares of SJS Enterprises closed 5.9% lower at ₹510 on stock market debut. Earlier, the company's stock listed at ₹540 apiece on the NSE, a discount of 0.3% over its issue price of ₹542. The firm's initial public offer (IPO) was subscribed 1.59 times, the least subscribed issue so far this year after Macrotech Developers.