Indo-MIM shares rise 155% from IPO price in less than 2 months

Indo-MIM shares, which were listed on stock exchanges at ₹741.80 on July 30, have risen 155% from the IPO price of ₹485 within two months. They traded at a 52-week high of ₹1,237.10 on Tuesday after hitting an upper circuit of ₹1,163.60 on Monday. Indo-MIM is the world's largest manufacturer of precision engineering components using metal injection moulding technology.