The surge in Griffin shares follows unprecedented rise in stock prices of KGN Industries on its re-listing. KGN Industries, run by Ahmedabad-based Memon family, had re-listed at Rs 100 per share after nearly seven years in May this year. The stock had risen to a high of Rs 55,000.
A BSE official said that re-listing stocks have no price bands.
KGN and Sylph Relisting