Borana Weaves share price jumps 5% after strong debut on Dalal Street; Buy, sell or hold?
Borana Weaves share price made a strong debut in the Indian stock market today, as the stock was listed at a decent premium. Borana Weaves IPO listing date was today, 27 May, and soon after the listing, Borana Weaves shares were locked at 5% upper circuit amid heavy buying.
Borana Weaves shares were listed at ₹243 apiece on the BSE and NSE, a premium of 12.50% to the issue price of ₹216 per share.
Borana Weaves IPO listing was largely in-line with the Street estimates as indicated by Borana Weaves IPO GMP today and analysts. However, with the uptrend in the stock after the listing, analysts share views on what investors should do now.
Borana Weaves Shares: Should you buy, hold or sell after listing?
Gaurav Garg, Lemonn Markets Desk…