The Economic Times

Milky Mist shares hit 10% upper circuit after market debut, rally 30% from IPO price. Should you buy, sell or hold?

Milky Mist Dairy Food shares surged 10 per cent to hit the upper circuit at Rs 181.50 post-debut, marking a 30 per cent gain over its issue price. Despite strong fundamentals and premium valuation drivers, analysts recommend holding with a Rs 150 stop-loss rather than chasing the stock.