Shares of Patel Chem fall under selling pressure after strong listing
New Delhi, August 1 (HS): Patel Chem Specialties Limited, which produces pharmaceutical excipients and specialty chemicals, had a solid stock market debut today, initially attracting its IPO investors. The shares were issued at ₹84 and listed at ₹110 on the BSE’s SME platform, marking a 31% premium. However, selling pressure quickly set in, causing the…