Advit Jewels share price hits 5% lower circuit after bumper debut. Should you buy, sell or hold?
New Delhi, July 1 -- Advit Jewels share price hit the 5% lower circuit on Wednesday, July 1, after making a bumper stock market debut earlier in the day.
Advit Jewels shares listed at Rs.187 on the BSE, a premium of 35.50% over the IPO issue price of Rs.138 per share. On the NSE, the stock debuted at Rs.188.90, reflecting a 36.88% listing gain. Following the listing, the company's market capitalisation stood at Rs.814.27 crore.
Despite the strong debut, Advit Jewels share price came under selling pressure and was locked in the 5% lower circuit at Rs.179.46 on the NSE and Rs.177.65 on the BSE.
However, even after the decline, the stock continued to trade significantly above its IPO price. Advit Jewels share price remained 30.04% higher ...
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