Tonbo Imaging Shares Rise Further in Second Straight Trading Session

Tonbo Imaging share price kept going up for the second day in a row on Tuesday. The stock started the day at 1,222 rupees per share on the NSE. This was higher than its previous close of 1,212 rupees and 85 paisa on Monday. It then jumped more than 4 percent to reach a high of 1,275 rupees during the day on 27 October. On Monday, the shares had already shot up by more than 17 percent during the trading session. This followed a strong debut on Friday last week when the stock listed at a 66 percent premium.

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Stock prices often see high movement in the days right after an initial public offering as new investors buy and sell shares. High demand during early trading sessions usually pushes prices up past their initial listing rates.