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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Tempsens Instruments doubles IPO investors’ money as stock lists at 111% premium. Should you buy, sell or hold?

Tempsens Instruments IPO NSE Sunny Agrawal

Shares of Tempsens Instruments made a bumper market debut on Friday as the stock more than doubled its IPO investors' money by listing at a whopping 111% premium over the issue price, with analysts advising interested investors who missed the rally to buy the stock on dips.

Tempsens Instruments shares opened at Rs 634 apiece on NSE, marking more than 111% premium over the IPO price of Rs 300 apiece. Following the stellar market debut, the stock gained further to Rs 634.85 apiece, before tumbling more than 8% to hit a low of Rs 582 apiece. It is still 94% higher than IPO price.

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