Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, said Unicommerce eSolutions had an excellent debut, listing at ₹235 per share, a 117% premium over its issue price of ₹108. The strong performance was due to high oversubscription and a solid grey market premium.
She noted that the company’s strong market position and profitable growth boosted investor confidence. Despite some challenges, the initial market response is positive. She advised taking some profits now and suggested setting a stop loss at ₹210 for those who choose to hold the stock.
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