MUMBAI, Nov 8 (Reuters) - Shares in India’s Varun Beverages Ltd fell as much as 6 percent on their market debut on Tuesday after the company’s 11.5-billion-rupee ($166 million) initial public offering.
The stock opened at 430 rupees on the National Stock Exchange, and fell to a low of 418 rupees as of 0430 GMT, compared with the IPO issue price of 445 rupees. (Reporting by Swati Bhat; Editing by Sunil Nair)
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