Shares of

SEDEMAC

jumped more than 19% during their stock market debut,

surpassing grey market expectations despite relatively weak participation from retail and NII investors. Market analysts remain cautiously optimistic, recommending that short-term traders keep a stop-loss at Rs 1,420, while long-term investors maintain it at Rs 1,320 due to possible short-term volatility.

s shares climbed up to 19% above their issue price after making a solid debut on the stock exchanges on Wednesday. However, analysts continue to adopt a cautious outlook, as the IPO received modest demand from non-institutional investors (NIIs) and retail participants. Investment in securities market are subject to market risks. Read all the related documents carefully before investing