Shares of Arkade Developers have been heavily subscribed, over 100 times, and are set to debut on the exchanges on Tuesday. Ahead of the listing, the company’s shares are showing a grey market premium of Rs 63. Based on the upper price band of Rs 128, the stock is expected to list at a strong premium of 49% over the issue price.
2 top stock recommendations from CA Rudramurthy
CA Rudramurthy BV advises buying on dips in Nifty until it stays above 25,000, with 25,200 as strong support. He suggests similar strategy for Bank