Getting an allotment in an SME IPO can feel like winning a lottery, so it’s wise to book profits on the listing day. In 2024, two-thirds of the 166 SME IPOs have yielded at least a 50% return, with 67 doubling investors’ money, often on Day 1. However, after the initial surge, many investors flipped shares, and about 72 of these IPOs are now trading below their listing day closing prices, with losses reaching up to 69%, according to Prime Database.
9 Sensex stocks with up to 40% upside potential. Are these in your portfolio?
Analyst target prices suggest several Sensex heavyweights could offer strong upside over the next 12 months. Based on Trendlyne consensus estimates, stocks including TCS, Infosys,