Electronics Mart, situated in Hyderabad, had a successful stock market debut on Monday when its shares were listed at a premium of 51.5% above the issue price.
On the first day of trading on the BSE, the stock closed at 92.95, up 43 percent from the IPO price of 59 per share.During the day, the stock reached a high of Rs 92.95. Short-term investors who made bets on Electronics Mart’s IPO are being advised by analysts to book profits.
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