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Encompass Design shares surge on SME listing
Encompass Design surged over 80% on listing, taking its market capitalisation to about ₹152 crore.
Encompass Design delivered a strong stock market debut on the SME platform, with shares surging over 80% from the issue price to trade near ₹193. The sharp rally translated into a post-listing market capitalisation of roughly ₹152 crore. Investor demand was supported by the company’s recent revenue growth and optimism around interior design and turnkey project services in commercial and residential segments.