Star Health share price made its debut on NSE at ₹845 whereas it opened on BSE at ₹848.8 apiece levels. According to stock market experts, tepid listing was expected as the valuations were around 15 to 20 per cent higher.
They said that allottees should book loss at current levels and wait for 15 to 20 per cent correction from its upper price band of ₹900 and take fresh position for 6 month target of ₹1000 to ₹1100 levels.
Advising Star Health shareholders to book loss at current levels; Ravi Singhal, Vice Chairman at GCL Securities said, "Allottees are advised to book loss at current levels as weak listing was widely expected.