Smallcap stock jumps 24% in a week as NSE stake could be valued at Rs 850 crore

Maithan Alloys shares surged 24 percent in a week following the filing of the National Stock Exchange's draft prospectus for its initial public offering. Maithan Alloys holds a stake in NSE now valued at approximately Rs 850 crore. The NSE IPO is expected to be India's largest ever listing.