

Stock Market News

Anubhuti Mishra

Online

July 10, 2023
While there is no doubt that this was a great opportunity for investors, and it has delivered some surprising returns, we would recommend that investors should book profits and exit their positions. This is because after listing the stock is already trading at a significant premium to its issue price. Additionally, there are some business-related risks associated with the company, so it is better to lock in these gains now rather than take the risk of carrying them forward however, aggressive investors can still hold it with stop loss at 1170.- Anubhuti Mishra, Equity Research Analyst at Swastika Investmart on ideaForge listing.Read more:
- Closing Bell: Sensex resumes downtrend after 1-day break, plunges 505 pts; Nifty below 19,350; ZEEL jumps 9%, Dabur falls 3% - The Economic Times
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