Cyient DLM | We have also seen an increase in its premium in the grey market, to 52-57 percent from 45-49 percent eariler, especially ahead of its debut on Monday, analysts said on anonymity.
Cyient DLM listed at a premium of 52 percent and rose further to trade at Rs 406.85, up 54 percent from the issue price. Analysts say valuation is now expensive and hard to sustain but the stock is a long-term play
The grey market indicates a huge demand for IdeaForge Technology. The share traded with 75 percent premium in the grey market over the issue price, analysts said