Premier Energy IPO listing prediction: Will strong GMP fuel 100% returns?

Quick Summary:

Tapse further said that, “the long-term sectorial story remains intact, but if we see an 80-100 per cent listing gain, we recommend allotted investors to book profits on the listing day.

As investors anticipate the company's listing on the BSE and NSE, the strong GMP suggests a positive market reception.

Based on the current GMP, Premier Energies shares are expected to list at approximately Rs 920, potentially offering investors a substantial return of nearly double their initial investment.

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Category: BusinessFinance

Markets: India

Topics: Premier energies ipo listing Premier energies ipo listing bse Premier energies ipo gmp tody Ipo listing news Premier energies ipo gmp on tuesday Premier energies ipo listing price prediction Premier energies ipo expected listing price Premier energies ipo Premier energies ipo gmp on monday Premier energies ipo listing date Ipo listing date Premier energies ipo listing news Premier energies ipo listing nse Premier energies ipo allotment date Premier energies ipo grey market premium Grey market premium Premier energies ipo gmp Ipo listing tomorrow

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 15:18:25 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 649 words

Reading Time: 4 minutes read

Sentences: 25 lines

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Copyright Owner: © Business Standard

News ID: 22330055

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