The Rs 108.35-crore Nityas Gems & Jewellery IPO entered day 2 of bidding with a 20% overall subscription and a 7% grey market premium. Brokerage Anand Rathi assigned a Subscribe for Long Term rating, citing exposure to lab-grown diamond jewellery despite fully priced valuations.
The Rs 108.35-crore Nityas Gems & Jewellery IPO entered day 2 of bidding with a 20% overall subscription and a 7% grey market premium. Brokerage Anand Rathi assigned a Subscribe for Long Term rating, citing exposure to lab-grown diamond jewellery despite fully priced valuations.
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