Shares of Flair Writing Industries were listed at a premium of 65 per cent on both the exchanges. The stock was listed at Rs 503 apiece on BSE and at Rs 501 on NSE.
Analysts suggest booking profit as they believe the valuation gap compared to peers has narrowed and hence expect limited upside from the current levels
Shares of Gandhar Oil Refinery extended its gains and surged another 17 per cent to Rs 344.60 on its maiden trading session, taking the overall gains to 104 per cent.