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Galaxy Medicare shares list at par to IPO price, hit 5% lower circuit post market debut

Galaxy Medicare IPO listing: Shares of Galaxy Medicare were off to a tepid start, with the stock listing at par with the initial public offering (IPO) price of 54 apiece on the NSE SME platform. However, soon after listing, Galaxy Medicare shares faced intense selling pressure and hit the 5% lower price band of 51.30.

As of 10.20 am, there were only sell orders of 8,88,000 shares on NSE.

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