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Metro brands listing expectation By Mr. Amarjeet Maurya, Angel One Ltd
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Below is quote on Metro brands listing expectation By Mr. Amarjeet Maurya - AVP - Mid Caps, Angel One Ltd
On the listing day, We are expecting a slightly weak listing due to the company already commanding higher valuation and fear of new Covid variant omicron (will increase the possibility of lockdown). However, we are positive on stock for the long term on the back of asset light business, strong brands and wide range of products. Every dip in share prices provides buying opportunities to long term investors.
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