Lumino Industries IPO Lists 34% Higher: Book Listing Gains Or Hold For Long-Term Returns?

Lumino Industries made a strong stock market debut, listing at a premium of around 33–34% on both BSE and NSE against its issue price of ₹82 per share. The stock listed at ₹110 on NSE and ₹109 on BSE, before moving in a range of ₹108–113 amid buying and profit booking. Business Today’s Pawan Nahar explains what the listing performance signals for investors and how brokerages view the IPO. While most brokerages had recommended the issue for long-term investors, the listing gain was below grey market expectations. The discussion also highlights why investors should carefully select IPOs rather than assume strong subscription guarantees listing gains. #LuminoIndustries #LuminoIPO #IPO #IPOListing #StockMarket #ListingGains #IPOInvesting #ShareMarket #Investing #PrimaryMarket #BusienssToday ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday X: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/