Plaza Wires shares continue their stellar run, hit 5% upper circuit on 2nd day of trading

Plaza Wires shares continue their stellar run, hit 5% upper circuit on 2nd day of trading

Shares of Plaza Wires jumped 5% to the day’s high of Rs 84.20 on the NSE, continuing its stellar run on the exchanges after its listing on Thursday. The stock is trading at a 56% premium over the issue price of Rs 54. The gains were despite a weak Friday trading session which saw Nifty50 … Read more

Plaza Wires sees a stellar debut. Should you hold the stock for more upside?

Plaza Wires sees a stellar debut. Should you hold the stock for more upside?

The shares of Plaza Wires debuted with a strong premium of 56% over the issue price. The listing was in line with expectations, given the overwhelming response to the IPO. The offer was priced in the range of Rs 51–54 per share. Analysts said the stock might give a decent upside even from the current … Read more