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The Economic Times
The Economic Times
Debaroti Adhikary

Caliber Mining shares drop 8% after listing with 19% premium over IPO price. Should you buy, sell or hold?

Caliber Mining IPO Mining Logistics Shivani Nyati

Caliber Mining and Logistics shares fell more than 8% on Friday after debuting at nearly a 19% premium to their IPO price. Following the strong listing and subsequent pullback, analysts outlined what fresh investors and IPO allottees should do next—buy, sell or hold.

The stock opened at Rs 504 per share on the BSE, an 18.87% premium over its issue price of Rs 424, surpassing grey market expectations. Ahead of the debut, it had been commanding a grey market premium (GMP) of around 15–17%.

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