Oswal Pumps Shares Fall Over 50% From IPO Price, Extending Post-Listing Decline
New Delhi: Shares of Oswal Pumps Ltd continued their losing streak on Monday, ending at Rs 296.35 apiece on the BSE -- down 1 per cent -- for the day and more than 50 per cent below their initial public offering (IPO) price of Rs 614 after about one year of Dalal Street debut. The stock had debuted on the exchanges -- the NSE and the BSE -- on June 20, 2025 at Rs 634 per share on the NSE, a…
On Monday, Oswal Pumps Ltd. shares continued their decline, closing at Rs 296.35 per share on the BSE -- a 1% drop for the day and over 50% below their IPO price of Rs 614. The stock debuted on June 20, 2025, at Rs 634 on the NSE, a 3.26% premium over its issue price. Despite the modest premium, the company's stock has reached a 52-week high of Rs 883.85 and a low of Rs 283.05 on the BSE.
Year-to-date, the stock has declined more than 40% and around 8% over the last six months. In Q1FY27, the company's net profit fell 43% year-on-year, and revenue from operations decreased by 7.87%. Operating EBITDA contracted by 47.64% year-on-year, and the operating EBITDA margin compressed by 1,168 bps year-on-year.
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