Alpine Textworld stock sinks nearly 47 pc in just over a month of listing

Mumbai, Aug 25 (IANS) Shares of Alpine Textworld have come under sustained selling pressure since their stock market debut last month, falling nearly 47 per cent from the issue price within just over a month of listing.

The company’s shares were listed on July 21 at Rs 105 apiece on the National Stock Exchange (NSE), in line with the upper end of its IPO price band of Rs 100-105.