Urban Company, ICICI Prudential AMC, among nine stocks in focus this week as shareholder lock-in period expires; details

Companies like Urban Company, ICICI Prudential Asset Management, Nephrocare Health Services, Park Medi World, are among nine stocks which will be eligible for shareholders to trade as the shareholder lock-in period for the same expires this week. More than 100 crore shares will be eligible for trading on the open market, reported the news portal CNBC TV18.

Expiry of the shareholder lock-in period means that the stocks of a particular company will be eligible for trading on the open market after the restriction period is lifted, as per the regulatory norms. This move comes after the company has been listed on the Indian stock market via an initial public offering (IPO) round.

The company shares opening up for trading after the shareholder lock-in expiry does not mean that the investors will be selling their stake after the IPO round, booking their profits or losses.

List of stocks to watch post lock-in expiry

According to the news portal’s report, 940.9 million shares or 66% of the outstanding shares will be eligible for trading on the Indian stock market. Urban Company stock closed 3.84% lower at ₹110.01 after Friday’s stock market session, compared to ₹114.40 at the previous market close, according to NSE data.

Park Medi World stock closed 2.97% lower at ₹192.80 after Friday’s stock market session, compared to ₹198.71 at the previous market close, NSE data showed.

Shares of Fractal Analytics closed 6.26% lower at ₹794.10 after Friday’s market session, compared to ₹847.10 at the previous market session.

Nephrocare Health Services share price closed 4.01% lower at ₹537.55 after Friday’s stock market session, compared to ₹560 at the previous market close, as per the exchange data.

Aye Finance stock closed 6.96% lower at ₹98.45 after Friday’s market session last week, compared to the ₹105.41 at the previous market close, according to NSE data.

ICICIAMC stock closed 1.93% lower at ₹2,879.70 after Friday’s market hours, compared to ₹2,936.30 at the previous market close, NSE data shows.

Rubicon shares closed 4.77% lower at ₹761 after Friday’s market session, compared to ₹799.15 at the previous market close, according to the exchange data.

Dev Accelerator stock closed 2.03% lower at ₹36.76 after the stock market session on March 13, compared to ₹37.52 at the previous market close, according to NSE data.

Shares of KSH International closed 5% lower at ₹392 apiece after Friday’s stock market session, compared to ₹412.65 at the previous market close, NSE data showed.