Despite a robust response, some investors might have found the valuation at listing less attractive also broader market conditions might have impacted investor sentiment and tempered listing gains," said Shivani Nyati, Head of Wealth, Swastika Investmart. Keeping aside the listing gains, analysts see a compelling proposition for investors with a long-term perspective. "The company's strong regional presence, in-house capabilities, and healthy order book remain positive points. However, a cautious approach is advisable," Nyati added. Read more:
