Sai Silks (Kalamandir) shares listed at 4% premium over IPO price on bourses today. The share debuted at Rs 231 on the NSE, as compared to the issue price of Rs 222. The investors have made a profit of Rs 9 per share as the scrip gave merely 4% return to investors on the listing.

“In the long term, the company has the potential to grow its business, given its strong brand presence, expanding footprint, and focus on online sales. However, investors should be aware of the risks associated with the company, such as the competitive nature of the industry and the impact of economic downturns on consumer spending. Thus, cautious investors may consider exiting their position, but investors with a long-term view may hold it by keeping a stoploss,” said Shivani Nyati, Hea…