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Should You Book Profit Or Stay Invested In Krystal Integrated Shares After Positive Listing?

Should You Book Profit Or Stay Invested In Krystal Integrated Shares After Positive Listing?

 

Shares of Krystal Integrated Services made a positive start on the exchanges, opening at Rs 795, a premium of 11 percent from the issue price of Rs 715. The listing exceeded analyst expectations of a premium of about 4 percent. The Rs 300-crore public issue was subscribed 13.21 times, with non-institutional investors providing major support by buying 43.91 times their allotted quota of shares. Qualified institutional buyers picked 7.33 times and retail investors 3.32 times the shares set aside for them. Listing on Krystal Integrated Services can be concluded as the better-than-expect. So, What should be your strategy now with Krystal Integrated stock? Should you book profit or more upside expected? BTTV's Sakshi Batra Explains.

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