25/11/2021 12:48:29 PM | Source: Swastika Investmart Ltd
Tarsons Products IPO listing view By Mr. Aayush Agrawal, Swastika Investmart Ltd
Below is quote on Tarsons Products IPO listing view by Mr. Aayush Agrawal, Sr. Research Analyst - Merchant Banking, Swastika Investmart Ltd
Tarsons Products has strong financials where margins are very impressive and it also has well-experienced management. The company has a strong cash flow and it is likely to become debt-free post IPO however the valuations look expensive therefore aggressive investors with a long-term view can hold this stock while those who were playing for listing gain should book profit because we are expective some listing gain of around 20-25% based on subscription figure and grey market trend current GMP 180 (+27℅).
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