Lumino Industries shares soar 40% from IPO price after strong market debut. Should you buy or wait?
Shares of Lumino Industries jumped another 4% on Thursday after making a strong market debut, listing with more than a 34% premium over the IPO price earlier in the morning, with analysts advising fresh investors to wait while IPO allottees should watch out for key levels.The shares of the integrated engineering, procurement and construction (EPC) and manufacturing company opened at Rs 110 apiece on NSE, marking over 34% premium over the IPO price of Rs 82 apiece. Following the strong listing, …
