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THE BIG DAY

• On 23rd July 2020, Rossari’s shares started trading under the ticker name “Rossari”.
• The first trade was executed at Rs 669.25 per share which was 58% higher than its issue price of Rs 425
per share.
• The stock traded at a high of Rs 803.10 per share during the day before closing at Rs 742.35 per share.
• Market Capitalization rose to Rs 3979.60 Crs.
• According to experts, now that Rossari Biotech got a high valuation, it would have to match its
performance with its investor expectations.

Harshil Dharod – 19BSP1039

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