Should you book profits in KRN Heat Exchanger after multibagger debut?

October 3, 2024

KRN Heat Exchanger had an impressive stock market debut, jumping 118% above its issue price after strong IPO demand of over 213 times. The stock continued to rise, trading at Rs 475.85 on the BSE. Analysts attribute the company’s growth potential to its expertise in manufacturing fin and tube-type heat exchangers, adherence to international quality standards, quick turnaround times, and strong client relationships.

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