Anubhuti Mishra, Equity Research Analyst at Swastika Investmart Ltd, said: “IKIO Lighting Ltd. made its strong debut in the market at a listing price of Rs. 392. The company’s issue price at the upper band was Rs 285, so it is around 37 per cent of the gain for investors which is even more than expected. considering its strong focus on R&D and backward integration, its well-established relationship with clients, and its consistent financial performance we still have a positive view on this thus we will suggest investors hold this share for a longer period by keeping a stop loss 10 per cent below its listing price.”Read more:
