Manba Finance's Strong Listing Shows Growth, But Investors Should Be Cautious

Shivani Nyati, the Head of Wealth at Swastika Investmart, mentioned that Manba Finance's strong listing was indicative of its solid growth, favorable financial metrics, and overwhelming investor interest. While recognizing the impressive listing gains, she urged caution, pointing out the IPO's full pricing and the company's operation in a highly competitive market with inherent risks. However, Nyati highlighted that Manba Finance's focus on niche segments could offer potential for growth. She advised existing investors to hold their shares with a stop-loss at around Rs 130, while keeping a close eye on the company's performance and market conditions.

‍

‍

‍