Investors should buy the dips & stay invested for the long term as Nuvoco Vistas is trading at a discount to its peers Ultratech Cement & Shree Cement
On the BSE, Nuvoco Vistas opened for trading at Rs 471, at a discount of 17.37% or Rs 99 over its issue price of Rs 570 per share.
Initial public offering: Aptus is one of the largest housing finance companies in south India in terms of asset under management (AUM), as of FY21.
Nuvoco Vistas is quoting at a premium of Rs 38 or 6.67% in the grey market. Subscribe for the long-term, listing gains can be muted