Solapur based, Precision Camshafts (PCL), one of the world's leading manufacturer and supplier of camshafts, received good response from investors on the listing day.

Shares of the company settled at Rs 177.45, a discount of 4.60% against the issue price of Rs 186.

It touched a high of Rs 185 and low of Rs 154.50 after opening at Rs 165 at the NSE. A total of 1,12,20,947 shares exchanged hands at the NSE.

Precision Camshafts is a one of the world's leading manufacturers and suppliers of camshafts (critical engine component, in the passenger vehicle segment). The company supplies over 150 varieties of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications.