GNG Electronics Soars 50% on Market Debut
GNG Electronics listed at ₹355 on NSE, nearly 50% above its IPO price of ₹237, beating grey market expectations. The ₹460-crore IPO saw 147x oversubscription. Analysts suggest profit booking post-listing due to stretched valuations, while long-term investors may hold, citing scalable business and strong B2B positioning.
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