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Today there was a great listing of another IPO in the stock market. Aeroflex Industries did a great listing on NSE and BSE. Shares of Aeroflex Industries were listed on NSE and BSE at approximately 83% premium.
The share of Aeroflex Industries is listed at Rs 190 on NSE and 197.40 on BSE. Everyone who was allotted shares of Aeroflex Industries got a lottery today.
There was profit booking in Aeroflex Industries shares after a dream debut on Dalal Street. Within minutes of listing, Aeroflex shares fell 10%. Aeroflex Industries touched an intraday low of 166.50 on the NSE and BSE. According to market experts, Aroflex Industries shares are worth keeping in the portfolio for a long time.
Those who have not been allotted shares of Aroflex can buy this stock if it declines.
Aroflex Industries is an exporting company and derives around 80% of its revenue from exports. The company plans to expand its global and domestic businesses. The company is also using new technologies to improve its products.
According to market experts, the business outlook of Aroflex Industries is strong and promising.
According to market experts, those who have shares of Aroflex should hold them, and those who want to buy shares of Aroflex should buy on dips.
DISCLAIMER: The views shared in this article are based on the opinions of individual market experts, not of trading partner. We suggest investors consult a certified market expert before investing.
