Shares of Honasa Consumer , the parent of skincare firm Mamaearth, were 1.9% higher in pre-open trading debut on Tuesday, valuing the startup at 106.18 billion rupees ($1.28 billion).
The stock was at 330 rupees in pre-open trade, compared with its initial public offer (IPO) price of 324 rupees.
The benchmark Nifty 50 index was down 0.2%.
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