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Cello World shares down 6% from listing price; should you book profit?

Cello World shares were listed at a premium of roughly around 28 per cent on both the BSE and NSE as the stock debuted at Rs 831 and Rs 829, respectively.

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Cello World shares make a strong D-St; lists at 28% premium at Rs 831 on BSE

Cello World rose a total of 1,900 crore via its initial stake sale, which was entirely an offer-for-sale (OFS) up to 2.93 crore by its promoters and other selling shareholders.

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