MV Electrosystems made a robust debut on Dalal Street on Thursday, August 6, with its shares listing at a premium of over 22% against the IPO issue price. Following the strong debut, market experts believe investors may consider a balanced approach: booking partial profits and holding the remaining shares with a stop-loss at Rs 470.
The stock debuted at Rs 520 on the NSE, delivering gains of 22.4% over the issue price of Rs 425 per share. On the BSE, shares opened at Rs 519, marking a 22.1% listing premium.
