Oswal pumps shares were listed at 634 per share on nse, a premium of 3.26% to the issue price of 614 Apiece. On bse, oswal pumps share price open 632 Apiece, Higher by 2.93% than the issue price.
Soon after the Listing, Oswal Pumps Share Price Rose to a High of 649.15 Apiece on the BSE, and 652.00 apiece on nse.
Oswal pumps iPo Listing Today was beLow Street Expectations. Oswal pumps iPo Gmp Today, or Grey Market Premium Today, Signalled The Debut at Around 7% Premium.
As oswal pumps share listing is done, here’s what analysts suggest about the stock.
Should You Buy, Hold or Sell Oswal Pumps Shares after Listing?
Prashanth Tapse, Senior VP (Research), Mehta Equites Ltd Noted that Despite Recovering Mood in the Market and Robust Response from All Sets of Investors, Oswal Pumps Listing was welow exemption.
“We View Oswal Pumps as a Compeling long-term investment opportunity, well-aligned with the government’s continued emphase on Rural Electrification and Promotion of Salar-Promotion of Salar-PORARED IRIGITION SYSTIRED INSTIRED INSTINUD Emphasis on. Post Listing, We Continue to recommend a ‘hold’ for the long term, as the company is well-positive to benefit from structural growth drivers in the agri and infrastructure sector, ”said.
For non-allotted investors, he suggagests considering accumulating oswal pumps shares on any dips post-listing, particularly if broader market sentence causes short-term Volatitily.
“The business offers a strong combination of sectoral tailwinds and value-based fundamentals,” Tapse Added.
Mahesh M. Ojha, AVP Research and Business Development at Henesx Securities Pvt Ltd, Advises long-term investors may considerr Holding Oswal Pumps Shares, Espechal Given the Company’s SCALE, Market Share, And Alignment With India’s Renewable and Agri-Infra Goals. The solar pump space offers secular growth options, and oswal pumps is well-postioned.
Short-term investors who entred purely for Listing Gains Might Consider Partially Booking Profits If Oswal Pumps Share Price Rices Above 675, but keeping some extra could be prudent, given potential re-rating as visibility improves post-listing. New Investors Should Wait for Some Price Discovery Post-Listing Before Making Fresh Allocations, Especially Given the Browader Market Volatily and Postanial Postaning Selling Selling Presesure, ”Ojha Said.
He believes oswal pumps stock presents a compeling long-term story, particularly for investors with a medium- to long-term horizon aligned with India’s clean energy and agri-tech themes.
At 1:10 pm, oswal pumps share price was trading 1.55% Higher from Listing Price and Up 4.53% From Issue Price at 641.80 apiece on the bse.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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