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The earlier norm was to bid huge amounts in a single application and corner shares in allotment. Now, it has changed to putting up multiple applications by turning to friends, family or even foe, said experts
“If you have got an allotment in Tata Technologies, stay put, do not sell just because of a whiff of negative news flow. But buying on listing at a huge premium is something I would really like to avoid. You can average it if you already have an allotment in the IPO, but I would not look at making fresh investments in Tata Tech at these levels on listing.”
Fedbank Financial Services | Canara Bank Securities also feels the issue appears fully priced with peers, though the MSME industry has huge untapped potential along with increasing competition.
NASA Administrator Bill Nelson's visit to India highlights the growing level of cooperation between the US and India in outer space, with potential partnerships being explored with Boeing, Blue Origin, and Voyager
Tata Tech has finalised its IPO allotment and is going to list its shares on 30th November. Read about why experts believe it can provide hefty listing gains.