Vidya Wires Shares Flat on Debut; Experts Recommend Holding (56 chars)

business
M
Moneycontrol•10-12-2025, 10:31
Vidya Wires Shares Flat on Debut; Experts Recommend Holding (56 chars)
- •Vidya Wires shares made a flat market debut, listing at Rs 52 on NSE and Rs 52.13 on BSE.
- •The company's IPO was oversubscribed 26.59 times, with a price band of Rs 48-52 per share.
- •The market debut fell short of grey market expectations for a 7% listing gain.
- •Experts advise investors to hold Vidya Wires shares for the medium to long term due to strong growth and a positive outlook.
- •IPO proceeds will be used for capital expenditure, debt repayment, and general corporate purposes.
Why It Matters: This helps investors decide on Vidya Wires shares post-IPO.
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