Jul 10, 2023
ideaForge shares tank 10% on profit-booking after bumper listing
After a bumper listing on Friday at a premium of about 94%, shares of ideaForge Technology tanked nearly 10% to Rs 1,171 in Monday’s trade on BSE as investors booked profits on concerns over high valuations post stock listing. After the overwhelming listing, analysts had advised investors to book profits. Anubhuti Mishra, Equity Research Analyst at Swastika Investmart, recommended that investors…
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