Dodla Dairy made a strong debut on the stock exchanges on Monday, in an otherwise volatile market. Shares of the debutant company began trading at Rs 550 per share on NSE, up Rs 122 or 28.50% from the issue price of Rs 428 apiece. Dodla Dairy had a market capitalization of over Rs 3,000 crore on the listing. While, on BSE, Dodla Dairy shares got listed at Rs 528 apiece, rising Rs 100 or 23.36 per cent over the IPO price. In the traded volume terms, 90,000 shares traded on BSE, while a total of 27.77 lakh scrips exchanged hands on NSE, so far. The Rs 520-crore initial public offering (IPO) of Dodla Dairy was subscribed 45.61 times.