DOMS Industries shares soar nearly 80% over IPO price. Should investors book profits?
DOMS stock was listed at Rs 1400 as against an offer price of Rs 790. Most estimates were predicting listing gains to be in the range of 60-65%. It extended gains to Rs 1434. The strong listing can be attributed to the company's solid performance over the past three years, marked by significant growth in revenue and profitability.