MobiKwik’s IPO has taken the market by storm, delivering a 117% return from its upper price band, while its shares were up 14% in early trading today to a high of Rs 605 on the BSE. What’s your investment strategy after such a strong debut?
- Book profits now: Capitalise on the gains.
- Hold for long-term: Believe in its fintech growth story.
- Wait and watch: Assess sustainability of profitability.
- Avoid investing: Market feels too volatile
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