Nyati advised investors to hold their positions, noting that Bansal Wire operates in a highly fragmented and competitive market. She mentioned that the company had received a strong subscription, reflecting significant investor confidence in its established position, diverse product portfolio, and consistent financial performance. However, she highlighted that the market remains competitive and fragmented. Overall, Nyati acknowledged that Bansal Wire's listing performance exceeded pre-listing expectations, showing investor confidence in the company's potential. She emphasized the importance of carefully considering the identified risks and recommended that investors hold their positions with a stop loss of ₹321.
Bansal Wire shares up 33% after a strong listing; Should investors buy, sell or hold? — MintBansal Wire makes stellar debut; lists at 39% premium over issue price — Business StandardBansal Wire soars with 39.4% listing gains on stock debut — The Hindu Business LineBansal Wire listing: Stock lists at a healthy premium of 39%; here's what investors should do? — Zee BusinessBansal Wire shares list at nearly 40% premium: Should you hold or sell? — CNBC TV 18Bansal Wire IPO Listing Price: Stellar debut! Shares list at 39% premium — ET NowIndia's Bansal Wire jumps 33% in debut trade — TradingViewBansal Wire makes stellar debut with 39% premium over issue price — MSNBansal Wire share price falls marginally post robust listing. Should you hold or exit? — MSNBansal Wire shares up 33% after a strong listing; Should investors buy, sell or hold? — MSN
