IPO ( Initial Public offering)

Despite a robust response, some investors might have found the valuation at listing less attractive also broader market conditions might have impacted investor sentiment and tempered listing gains," said Shivani Nyati, Head of Wealth, Swastika Investmart. Keeping aside the listing gains, analysts see a compelling proposition for investors with a long-term perspective. "The company's strong regional presence, in-house capabilities, and healthy order book remain positive points. However, a cautious approach is advisable," Nyati added. Read more:

1. SRM Contractors Makes Flattish Debut Despite Robust Response for IPO: What Investors Should Do - Economic Times
2. Bharti Hexacom IPO Sees Muted Bidding Response on Day 1; GMP Inches Higher - Business Today
3. BSE Sensex Today Live: Nifty Stock Market Updates - 03 April 2024 - Economic Times
4. SRM Contractors Share Price Hits 5% Upper Circuit After Muted Listing: What Should Investors Do? - LiveMint