Devyani International share price: LISTING DONE! Stock corrects 13% after strong debut on Day 1! What should investors do now? Anil Singhvi advises THIS
Earlier in the day, Zee Business Managing Editor Anil Singhvi had estimated the listing price between Rs 140 and Rs 160, which was bang on the target. His advice to long term investors is to stay with the stock. The long term targets are between RS 175 and Rs 200. For short term investors or those looking for listing gains, the stop loss is Rs 125
The stock was trading at Rs 122.75 on the NSE at around closing time. The intraday low for this stock was Rs 120.80. Source: Reuters