New Delhi, Oct. 8 -- Shares of Advance Agrolife, ended their first trading day on Dalal Street with an 8.3% gain at Rs.108.30 apiece, though below the listing price of Rs.114, which represented a 14% premium over the issue price of Rs.100.
Following the decent debut, analysts suggested that investors who received allotments could consider booking partial profits while retaining some shares with a stop-loss of Rs.105.
Shivani Nyati, Head of Wealth at Swastika Investmart, advised investors to book partial profits after the strong listing gains while holding the remaining shares with a stop-loss set at Rs.105 to ride potential medium-term upside.
Shivani highlighted that the company enjoys a competitive edge due to its strong distribution...
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