Post by NewsBot in PRAJIND community on FrontPage

Feedback

PRAJIND

Reputation: 642,681 • Nov 30, 2023 5:06 PM

I see greater opportunity in largecap banks rather than chasing IPOs at high prices: Hemang Jani

“Typically when we see this kind of an exuberance and when the IPO listing happens at a much higher price than what people would have thought, this kind of a momentum is not great news for people who are looking to buy into the market having some sort of a missed out feeling. I would certainly say that let us not get too gung-ho on what is happening in the IPO market.”

The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The IPO market is seeing a lot of exuberance and frenzy, but it may not be good news for investors looking to buy into the market.
• It is time to focus on largecap names and banking stocks, rather than chasing IPOs at higher levels.
• Opportunities in the ethanol space and Praj Industries' ecosystem make it an attractive stock to watch.
https://economictimes.indiatimes.com/markets/expert-view/...
#PRAJIND #EICHERMOT #BAJAJ-AUTO 

Vote

Comment

NSE:EICHERMOT price when posted: 3,900.9