01-01-1970 12:00 AM | Source: Angel One Ltd
Metro brands listing expectation By Mr. Amarjeet Maurya, Angel One Ltd
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.
Above views are of the author and not of the website kindly read disclaimer
Latest News
Ind-Ra maintains neutral outlook on construction sec...
Indian Energy Exchange gains on reporting 14% rise i...
Sensex plunges 900 points in broad-based selling
Global smartphone market up 6 per cent in Q1, revenu...
Shriram Properties zooms on acquiring 4 acre land pa...
Sensex down 300 points on selling in heavyweights
Rupee strengthens against US dollar on Friday
Apple making significant investments in GenAI, to sh...
Stock of the day : Bharat Petroleum Corporation Ltd....
Dabur India gains on reporting 17% rise in Q4 consol...
More News
Perspective on Today`s IPO Listing on Dodla Dairy by Mr. Hemang Jani, Motilal Oswal
Quote on Windlas Biotech and Krsnaa diagnostics IPO expected listing gain by Mr. Yash Gupta, Angel Broking Ltd
Quote on Delhivery IPO received SEBI approval for IPO issue size of ₹7,460 By Yash Gupta, Angel One Ltd
Quote on Nuvoco Vista IPO sails through on the 3rd Day by Milan Desai, Angel Broking Ltd