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Fundamental Radar: Fundamental Radar: Electronics Mart may test Rs 164 in 12 months; here s why

Brokerage Anand Rathi Shares and Stock Brokers is bullish on the company and has a “buy” rating on the stock with a target price of Rs 164. The price target implies a further upside potential of 29% from the current levels.

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Electronics Mart India shares dip 5 54 per cent after making debut at over 50 per cent premium

At the NSE Nifty, the shares of Electronics Mart India made a debut at Rs 90 apiece or at a premium of over 52% as compared to its IPO issue price of Rs 59 per share.

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Electronics Mart IPO Grey Market Premium: Check issue details, latest GMP today, subscription, other details

Electronics Mart IPO issues were subscribed 71.93 times with the qualified institutional buyers quota attracting bids 169.54 times the reserved quota.

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