This is in line with expectations, given the strong oversubscription of the IPO and the company's strong fundamentals. Plaza Wires is a well-managed company with a strong track record of growth. It is a leading manufacturer of wires and cables, with a wide product range and a strong customer base. The company has a strong financial performance, with consistent revenue and profit growth in recent years. Though the IPO size was small, it received an amazing response from investors,” says Shivani Nyati, Head of Wealth, Swastika Investmart.Read more:
- Plaza Wires makes strong debut, shares list at 56% premium over IPO price - Fortune
- Stellar debut! Plaza Wires shares list at 56% premium over IPO price of Rs 54 - CNBC TV18
- Plaza Wires sees bumper debut on bourses, lists over 55% premium; Should you hold or book profit? - Financial Express
- Plaza Wires jumps 49% on Day 1 of listing - The Hindu Business Line
- Plaza Wires lists with 55% premium: Should you buy or hold the stock or book profit - Money Control
- Plaza Wires shares hit circuits after listing, is it time to book profits - Business Today
- Plaza Wires makes a stellar debut, should you hold the stock for more upside - Verve Times
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