New Delhi, Feb. 4 -- Dr. Agarwal's Health Care share price made a muted market debut on Tuesday, February 4, as the stock was listed at the IPO price of Rs.402 apiece on the NSE. On the BSE, it was listed at a 1.27% discount to the issue price at Rs.396.90 apiece.
After a flat listing, the stock tumbled further to reach Rs.370.20, which is 8% lower than the issue price. The poor market debut was attributed to the modest response to its issue, which opened for bidding between January 29 and January 31.
Following the weak entry on Dalal Street, Sagar Shetty, Research Analyst at StoxBox, advised investors to avoid investing in the shares in the short term and to track their performance in the upcoming quarter.
"Dr. Agarwal Health Care mad...
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