DMart: Stock has doubled in a day; should you buy it now?
Jimeet Modi, CEO, SAMCO securities said, “Though, medium and short term investors/traders should at least book partial profits as in medium term D-Mart stock can under-perform given its stretched valuations and also the market is consolidating after making a fresh high. Long term portfolio investors are advised to held on to their positions.”
ASL raised Rs 1,870 crore from the IPO and became the first company in twelve years to get listed at a premium of over 100%. Photo: Youtube