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ET Markets - Stocks 122d ago
Sedemac Mechatronics shares jump 19% over IPO price on debut. Buy, sell or hold?
Sedemac Mechatronics shares surged over 19% on their market debut, exceeding grey market expectations despite muted subscription from retail and NII investors. Analysts remain cautiously positive, advising short-term traders to maintain a stop-loss at Rs 1,420 and long-term investors at Rs 1,320, citing potential near-term volatility.
LTGILTBEESRETAILSDREAMSSEDEMACV2RETAILAutomobile and Auto ComponentsConsumer Services
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CNBC TV18 - Markets 122d ago
Sedemac Mechatronics shares list at 13% premium to issue price despite tepid IPO response
The portion reserved for retail investors in the Sedemac Mechatronics IPO, was subscribed only 20% during the three-day subscription period, according to NSE data.
PREMIUMRETAILSDREAMSSEDEMACV2RETAILAutomobile and Auto ComponentsConsumer Services