Vibhor Steel Tubes shares listing at 181% premium

Vibhor Steel Tubes IPO has debuted on both BSE and NSE with an outstanding performance, showcasing over a 180% premium. On BSE, shares opened at ₹421 each, while on NSE, they started trading at ₹425 apiece.

[{"selector":"#anim-a1315f2d-4aa4-4cbb-affe-87a86f8cb779 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Fill in some text

Arun Kejriwal of Kejriwal Research expects Vibhor Steel Tubes to stay circuit-to-circuit on Dalal Street. With a 5% circuit limit in the trade-to-trade segment, the stock’s momentum is likely to persist.

[{"selector":"#anim-26e9b4b8-2346-496d-9125-2709d422a674 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-25.92592592592593%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Dhruv Mudaraddi from StoxBox emphasized their firm’s enduring client ties, rooted in robust execution and quality, enhancing their market position.

[{"selector":"#anim-9630f681-2e9a-4d52-8bc1-fa3f27128e3d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, 41.783249852765955%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

The recently listed stock surged, hitting highs of ₹446.25 on NSE and ₹442 on BSE, triggering a 5% upper circuit shortly after listing. Investors witnessed rapid gains, showcasing strong market demand.

[{"selector":"#anim-57ad2a25-eb1f-4ff9-a052-6c220b705139 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-8.20022226645435%, 15.119096200142618%) scale(0.6875)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Vibhor Steel Tubes’ shares debuted with a remarkable premium, steadily extending their gains. Investors are witnessing a surge in value, reflecting strong market confidence in the company’s prospects.

[{"selector":"#anim-53ee5c34-5e94-49ea-a06a-f38c745904ff [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, -23.076923076923077%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory.
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

[{"selector":"#anim-f964f559-fe53-4bf9-94d6-6d86f1ecd134 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, 29.008755686696308%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]