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MedPlus Health shares listing today. Experts predict 'moderate' premium on debut

India experts Metro Health
Reading now: 443
www.livemint.com
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initial public offering (IPO) was subscribed 52.59 times on the last day of offer that concluded on December 15. Stock market experts predict that Medplus shares may list at a moderate premium of 15-20%. "After a mediocre listing of Metro shoes & Shriram property, the overall market mood is not encouraging.

The business is still expected to list at a premium of ₹100-150 per share. According to current financials and profit growth, everything appears to be in order.

Any price above 1200 will make the stock overvalued so making fresh investments one should avoid, because this is a high-capital-intensive business, margins may stay volatile.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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