Krystal Integrated Services share price dips after listing at 11% premium on BSE. Buy, sell or hold?

livemint.com:

Stock market today: As expected by most of the primary market experts, Krystal Integrated Services shares made a positive debut in the Indian stock market today. Krystal Integrated Services share price today listed on BSE at ₹795 apiece while on the NSE, it listed at ₹785 per share, delivering over 11 percent listing gain on BSE and around 9.8 percent premium on the NSE against its upper price band of ₹715 per equity share.

However, the newly listed stock didn't sustain at upper levels and retraced after the profit-booking trigger. Within a few minutes of share listing, Krystal Integrated Services share price touched an intraday low of ₹740 apiece on BSE and NSE.

According to stock market experts, Krystal Integrated Services share price received a strong response from the HNI investors. Hence, profit booking after the positive listing was expected.

However, stock market experts expected a bounce back if this current low remains sacrosanct. They said that allottees who invested in the stock for listing gain only can hold the scrip maintaining a strict stop loss below today's low as the stock may breach its listing price of ₹795 on the BSE and ₹785 on the NSE.

They said that Krystal Integrated Services share allottees having medium to long-term view should also maintain a stop loss of around ₹735 per share level. Also Read: Why is Indian stock market gaining today? — explained with 5 critical reasons Advising medium to long-term investors to hold the scrip, Parth Shah, Research Analyst at StoxBox said, "The company is one of the select companies in India that has a wide geographic presence and customer base, catering to almost all end-user segments and offers various services across multiple sectors such as housekeeping,