Shares of India's largest BPO Genpact surged nearly 20 per cent over its issue price in its debut trade at the New York Stock Exchange (NYSE).
The scrip settled at 16.75 dollars, up 19.64 per cent over its issue price of 14 dollars a share, after touching an intra-day high of 17.10 dollars at the NYSE on Thursday.
Global consultancy Dealogic has termed the initial public offering of Genpact, a spin-off of General Electric Company, as the 11th biggest IPO in the US so far in 2007.
Read more in Financial Express