Mumbai. The listing of Aditya Birla AMC IPO in the Indian stock market was very flat and disappointing even after a big name like Aditya Birla was added. Contrary to expectations, the IPO of Aditya Birla AMC opened in the stock market today at almost the same level as its subscription. This is a very poor performance considering the listings of more companies in the past.
Today Aditya Birla AMC Company’s listing on the National Stock Exchange (NSE) was done at Rs 715. Whereas the company had kept the price per share between Rs 695 to 712 during the subscription of its IPO. In this way, investors who had invested in the IPO of Aditya Birla Sun Life Amc Ltd Company were disappointed today due to the desire to make profit on the day of listing.
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However, experts are advising investors who have invested in this stock to exercise restraint. According to experts, there will be an increase in the value of Aditya Birla AMC shares, it may just take some time. Market analysts consider Aditya Birla AMC Share of this company to be in long term perspective due to Aditya Birla AMC Company’s growing penetration across large geographies, trusted brand with experienced promoters and strong distribution network along with strong financial network. Advised not to sell, advised to keep it intact.
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It is to be known that Aditya Birla Sun Life Amc Ltd company closed the first day of its listing at Rs 698.00, while in today’s trading the company’s shares had touched the maximum level of Rs 722.90. On the first day of listing, Aditya Birla AMC’s stock had a minimum level of Rs 695.35.
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