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The Economic Times
The Economic Times
Sakshi Kumari

Ardee Industries shares slip 7% post-listing after double-digit listing gains. What should investors do?

Ardee Industries BSE IPO

Ardee Industries shares fell over 6% from their BSE listing price on Wednesday after a strong D-Street debut earlier in the day. The stock listed at Rs 73.60 on the BSE, a premium of nearly 39% over its issue price of Rs 53, while debuting at Rs 72 on the NSE.

The initial listing gains, however, proved short-lived as profit-booking dragged the stock down by 6.93% from its BSE opening price to trade around Rs 68.50.

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