Prostarm Info Systems Share Price Trades Flat after Decent Stock Market Debut. Should You Buy, Hold or Sell?

Prostarm Info Systems Share Price Made a Dest Debut in the Indian Stock Market Today as the Stock was listed with a premium. On BSE, Prostarm Info Systems Share Price Began Trading At 125 per share, a 19.05% premium to the issue price of 105.

On nse, prostarm info systems share price was listed with a 14.29% premium at 120 apiece.

The Initial Public Offering (IPO) of Power Solution Products Maker Prostarm Info Systems was launched on May 2, Prostarm Info Systems IPO Listing Date Was TODAY, June 3.

Prostarm Info Systems iPo Listing was better than the street estimates as the prostarm info systems iPo Gmp or Grey Market Premium Ahead of Debut was Around 11%. As Prostarm Info Systems Shares Have Now Been Listed, Here’s a look at what analysts sugges.

Prostarm Info Systems Shares: Should You Buy, Sell or Hold after Listing?

According to Arun Kejriwal, Founder of Kejriwal Research and Investment Services, Prostarm Info Systems has delivered a stranger performance than what was indicated by the green market ahead of history.

“Prostarm Info Systems’ IPO Objectives Were Not Short-Term in Nature, but focused on medium- to long-term growth. According Term, “said kejriwal.

He noted that as the company begins to declare its financial results, investors will have the opportunity to evaluate its performance and potentially reinvest.

“At this point, there is no need for investors to buy at a 20% premium to the issue price. It would be wiser to wait for better options,” he added.

For that who has alredy boght the shares, kejriwal suggested booking profits and waiting for the stock to consolidate. “This iPo Witnessed Strong Subscription, and Part of the Listing Gains can be attributed to the euphoria generated during the subscription phase,” He Said.

Prostarm Info Systems Well-Positioned for Long-Term Growth: Avinash Gorakshakar

Commenting on the Prospects of Prostarm Info Systems, Avinash Gorakshakar, Head of Research at Profitmart Securities, Said the Company is Well-Placed for Long-Term Success.

“Prostarm is a promising player in the power solutions space, Catering to Several Key Sector Including Defense, Aerospace, Power, Railways, and Bfsi. The Company has a Strong Profile Profile Profile Profile Profile Profile Whithe Right skill sets to scale up operations effectively. Overall, it is well-positioned to perform strongly over the long term, ”He said.

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