By Admin 
PhysicsWallah Share News: There is an influx of newly listed shares in the Indian stock market these days. IPOs of many well-known companies have come in the stock market. Recently, there was a tremendous rise in the shares of BillionBrains Garage Ventures, the parent company of stockbroking platform Groww. On Tuesday’s trading day, the company’s shares closed at Rs 188.82 on BSE. Which shows an increase of Rs 14.05 or 8.04 percent.
During the trading day the shares of the company had reached a high level of Rs 193.91. Meanwhile, now the attention of investors is on the shares of PhysicsWallah. The question in the minds of investors is whether PhysicsWallah shares will also see a rise like Groww. According to a report published in TV 9 Bharatvarsha, VLA Ambala, co-founder of Stock Market Today, has given her opinion on this.
Status of PhysicsWallah’s shares
Physicswala shares got listed on BSE and NSE on Tuesday. Company shares had a great start in the stock market. On Tuesday’s trading day, the company’s shares closed at Rs 155.20 on BSE, registering a rise of 8.46 per cent or Rs 12.10.
The company shares had reached a high level of Rs 162.05 during the trading day. Talking about the profit of the first day, investors got a profit of about 42 percent. The company’s shares were listed at a premium of Rs 145 from its upper price band of Rs 109.
Hold or Sell?
According to VLA Ambala, co-founder of Stock Market Today, if investors have not made profits on the listing day and are thinking of holding shares, then they should adopt a long term strategy of at least six months.
Also, he has said that for those who hold, they must set a stoploss of Rs 120. Experts have kept the target price of this stock between Rs 185 to Rs 210.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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