Tata Tech IPO investors make 180% return on Day 1. Should you buy, sell or hold?

November 30, 2023

At a 140% premium over the issue price of Rs 500, Tata Technologies’ listing price of Rs 1,200 beat Street’s estimates. While the stock was expected to double on the listing, it went far beyond, hitting the day’s high of Rs 1,400 on the NSE or a 180% uptick over the upper IPO price band.

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