Sambhv Steel Tubes Lists at 34% Premium, Slips After Strong Market Debut

Sambhv Steel Tubes made a strong debut on July 2, listing at ₹110 on NSE and ₹110.10 on BSE — a 34% premium over its IPO price of ₹82. The market cap at listing stood at nearly ₹2,948 crore. However, the stock fell 12.5% intraday to ₹96.25 but remained over 17% above the IPO price. The listing exceeded grey market expectations, which had projected a 17% premium. #wallstreet #stocktrading #stockmarketinvesting #banknifty #technicalanalysis #success #motivation #indianstockmarket #intraday #swingtrading #intradaytrading #optionstrading #forexsignals #india #tradingstrategy #investingtips #sharemarketindia #trade #profit #market #investments #financialliteracy #stockmarkets #niftyfifty #millionaire #personalfinance #stockmarketeducation #options #passiveincome #investors